I believe the closest that someone came to trading up to #1 that is public knowledge in the salary cap era is when the Islanders tried to move up from #4 in the 2012 draft to #2.
The Islanders offered all their draft picks (#4, 34, 65, 103, 125, 155 and 185 OA) to Columbus for #2. Wasn't enough to get Columbus to drop down, although Howson said it was "very attractive".
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