The 2026 draft will be held at KeyBank Center in Buffalo. The first round will be on June 26 (7 p.m. ET; ESPN, ESPN+, SN, TVAS) with rounds 2-7 on June 27 (10 a.m. ET; NHLN, ESPN+, SN).
The lottery, which took place at the offices of NHL Network, set the order of selection for the first 16 picks for the teams that failed to qualify for the Stanley Cup Playoffs.
Only the top two picks were determined by the lottery; the remaining teams were slotted in by the order of their finish in the standings. Picks 17-32 will be determined by the results of the playoffs.
The Chicago Blackhawks won the No. 4 pick, and the New York Rangers have No. 5.
Toronto (32-36-14), which finished 28th in the NHL, could use the No. 1 pick to take left wing Gavin McKenna (5-foot-11, 170 pounds) of Penn State University. McKenna is No. 1 in NHL Central Scouting's final ranking of North American skaters.
"I'm extremely happy for the Toronto Maple Leafs fanbase, of course," Toronto senior executive advisor of hockey operations Mats Sundin said. "It's great to get the first pick. Great night, great lottery."
Sundin said he hasn't had a chance to discuss the draft with Chayka after each was hired by the Maple Leafs on Sunday and introduced on Monday.
Chayka said he has tracked the progress of McKenna for a number of years.
"He’s an exciting player," Chayka said. "The skill level, the creativity, his puck ability and his shot release is all pretty special. It's a good package, so it will be good to get with the scouts and talk through it all."
McKenna finished tied for fifth in the NCAA with 51 points (15 goals, 36 assists) and was second with 1.46 points per game in 35 games this season. He was the Big Ten Freshman of the Year, a two-time National Rookie of the Month and four-time Big Ten Star of the Week, and the only unanimous choice on the Big Ten All-Freshman Team.
McKenna was second in the Western Hockey League last season with 129 points (41 goals, 88 assists) in 56 games with Medicine Hat and was named player of the year in the WHL and the Canadian Hockey League. This was the first season players from the CHL were eligible to play in the NCAA, and McKenna was the most prominent among the 175 players, according to College Hockey Inc., who made the jump this season.
If the Maple Leafs decide to select McKenna, he'd be the first men's ice hockey player from Penn State to be selected in the first round of the NHL Draft. Forward Charlie Cerrato, chosen by the Carolina Hurricanes in the second round (No. 49) last year, is the highest-drafted player in the program's history.
The Sharks will pick in the top four for the fourth straight year. They had a 5.5 percent chance of winning the second lottery draw for the No. 2 pick, which was the eighth-greatest likelihood among the remaining teams eligible.
"I wish there was a good story behind (getting a top four pick the past four years)," San Jose GM Mike Grier said. "We're just very fortunate and lucky that things have gone our way and we've been able to pick at the top of the draft."
The Sharks selected forward Will Smith with the No. 4 pick in the 2023 draft, forward Macklin Celebrini with the No. 1 pick in the 2024 NHL Draft and forward Michael Misa with the No. 2 pick in the 2025 draft.
"I'm shocked, really," Grier said. "You never know what's going to happen and how the balls are going to bounce. It's kind of happy and excited. It's a good day for the organization. I'm sure the scouts have been doing the work. There's lots of options there. There's centers, there's defense, there's wingers ... so to have the opportunity to add another very talented player to our young core is very exciting."
Grier was asked if he'd consider trading down in the draft.
"I'm always open to listening to what's out there," Grier said. "If people have ideas or thoughts, I'll listen. We'll kind of go from there."