When the Toronto Maple Leafs hired Mike Babcock as their new head coach it cost the team slightly more than the $50-million contract they gave him.
The Leafs also had to give the Detroit Red Wings, Babcock’s former team, a future third-round pick as compensation.
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According to Helene St. James of the Detroit Free Press, the Leafs have informed the Red Wings they’re keeping their 2015 third-rounder. This means the Leafs now have the option of giving Detroit their third rounder in either 2016 or 2017.
The Leafs’ third-round pick this year is the 65th overall pick in the 2015 NHL Draft.
NHL teams being compensated for losing a head coach, general manager or president of hockey operations to another team is a relatively new concept in the NHL and one NHL commissioner Gary Bettman isn’t a huge fan of. According to Sportsnet’s Elliotte Friedman, the NHL’s Board of Governors could decide to tweak the rules regarding compensation for coaches and executives in the near future.
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