Not to pile on Craig too much, but let's not forget the trade that was named "Worst Trade of All-Time" by one of the Canadian outlets... Markus Naslund to Vancouver for Alex Stojanov.
While CP overall did a great job (the signings and trades he made from 1990-92 got the Pens over the hump and won back-to-back Cups -- not to mention the '92-93 team that was the best regular season in team history despite losing in the 2nd round), there's no doubt that his failure to get even one legit NHL player in the salary dumps for Jagr, Naslund and Kovalev was the reason the team bottomed out to historic levels in the early 2000s.
As mentioned, it didn't take a genius to draft Malkin #2 overall in 2004 or Sid #1 overall in 2005, but he should get a lot of credit for taking Fleury #1 overall in 2003. Taking a goalie in the first round is one of the biggest crap shoots in sports -- let alone taking one 1st overall. Not only did he take the gamble, it certainly paid off. No matter what you think of MAF, the fact that he is still a top 5 NHL goalie 17 years later proves he got that pick right.
Speaking of draft picks, there was an interesting discussion on Sirius XM NHL Network Radio yesterday about those lotteries from 2004 and '05. The Penguins actually had the largest ping pong ball in 2004, meaning they were the favorite to draft Ovechkin. Washington actually had the 3rd best chance, behind Chicago. While no one is complaining about Malkin, just think about the Penguins with both Sid and Ovi playing on the same line for all those years.
But through Patrick, Shero and Rutherford, there is a culture around the Penguins that makes you think that even if the team bottoms out after the Sid/Geno era, it will be back at the top of the league again just a half-decade later.
What is amazing about those lotteries.......
In Sid's year (2005), there was NO CONSOLATION PRIZE!! Aside from Sid, that draft was awfully weak. That 2005 draft here was the top 5:
1) Sid
2) Bobby Ryan
3) Jack Johnson
4) Benoit Pouliot
5) Carey Price
Now Price went on to be a great goalie, but the Pens already had their goalie. I can give you picks 6-10, but unless you are Pierre McGuire, you would be hard pressed to recognize the names. Really awful draft. So the Pens not just lucked out with Sid, but basically avoided disaster.
The 2004 draft, while Ovy was the prize, Geno Malkin likely would have been the #1 overall pick in almost any other draft aside from 2005 until Connor McDavid. So there was a definitive 1A here in this draft, and in some instances people were wondering if Malkin would end up being better. He wasn't, but he also is a 1st ballot HOFer.
So everyone talks about how lucky the Pens were in getting Sid by the lottery, they fail to remember Washington got Ovy the same way. Because the 2004 draft after the two Russian superstars again was not very good.
3. Cam Barker
4. Andrew Ladd
5. Blake Wheeler
6. Al Montoya.
By the way, 7-12 was Rotislav Olesz, Alexandre Picard, Lubaslov Smid, Boris Valubak, Lori Tukanen and AJ Thelen. Those 6 combined for a total of 69 goals. Ever. In their entire careers. And none are goalies.
So if the Caps did not win the lottery they would have been sitting at 3 deciding to pick amongst those 3 players. Ladd hasn't been bad, and Wheeler has been a good player, but hardly a franchise superstar.
So.......this is why I am against now how the NHL holds their lotteries where it is not extended to the 15 non playoff participants. Because sometimes there are legit really, really bad teams. And you move say the Pens down to the 3rd slot in either draft, they may have not won any cups. That is too punitive. To me, the top pick lottery should only be 3 teams.
For example this year the clear #1 overall player is Alexis Lafrienere. Detroit is by far the worst team in the league. They only like a 19% chance to get the top pick, while that is the best odds, it is still only 1 in 5 odds. That is not good enough to help the bottom dwelling teams.