Relationship Between Draft Number and Current Salary (2020 NHL Draft)

Dynamic action shot of a hockey player skating on an ice rink during a game.

While the NHL playoffs are coming to a close, the draft, which takes place from June 26th to 27th, draws closer.

Teams draft based on value, meaning the elite players tend to leave in the first round; however, how much of a correlation does draft position have with future NHL pay? 

To assess this, the 2020 draft was selected to identify a player pool. Since all of the players drafted in 2020 would not be playing on any sort of rookie deal, this year was chosen. The draft selections (1-217) were identified using Elite Prospects records. The current pay of the 2020 draftees was determined with Spotrac, using the 2025-2026 Salary Cap Hit metric. 

The independent variable in this study was the draft number of a given player, and the dependent variable was the salary cap hit of a given player in the 2025-2026 season. For players that are free agents, or are retired, their 2025-2026 salary cap hit was listed as 0 for the purposes of this study. There was no information for a player selected at #49, so no data was included for the metric.

All seven rounds of the 2020 draft were analyzed holistically:

screenshot
Screenshot

A correlation of r=-0.52 was found, indicating a negative, moderate relationship. The negative correlation indicates that as draft number increases, 2025-2026 salary cap hit decreases. Since the relationship is moderate, it creates the idea that while having a higher draft number points toward success, there is still variance in future pay. An r2 value of 27% was found, meaning that 73% of the factors that go into salary cap hit do not include draft number. 

The first round of the 2020 draft was analyzed individually: 

screenshot
Screenshot

A correlation of r=-0.64 was found, indicating a negative, moderate-strong relationship. The negative correlation suggests that as draft number increases, 2025-2026 salary cap hit decreases. Since the relationship is moderate-strong, it creates the idea there is a greater chance of higher pay when being paid closer to the latter end of the first round, there remains a certain degree of variance. An r2 value of 41% was found, meaning that 59% of the factors that go into salary cap hit do not include draft number.

The second round of the 2020 draft was analyzed individually:

screenshot
Screenshot

A correlation of r=0.05 was found, indicating a positive, weak relationship. The positive correlation suggests that as draft number increases, 2025-2026 salary cap hit decreases. Since the relationship is weak, it creates the idea that there is more variability in the latter rounds of the draft. An r2 value of 0% was round, meaning that 100% of the factors that go into salary cap hit do not include draft number. 

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