The easiest way to 'stop tanking' is actually to just remove the draft all together. Make every rookie a FA. There is a salary cap, so the bad teams in theory will have lower payrolls due to worst players with lower salaries.
If a good team sheds salary to sign a McDavid, in theory they have let their own players become FA's, who the bad teams can now sign.
The only issue is teams who can't spend to the cap potentially being screwed from ever getting the super duper stars and still being able to field a proper roster.
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