I love this idea!
http://www.sportsnet.ca/hockey/nhl/smart-way-keep-nhl-teams-taking-draft/
At the 2012 Sloan Sports Analytics Conference, PhD candidate Adam Gold presented a simple solution. Instead of relying on a lottery that actually serves to diminish the value of games late in the season, Gold proposed that draft order should be determined by total points recorded after a club is eliminated from the post-season.
http://www.sportsnet.ca/hockey/nhl/smart-way-keep-nhl-teams-taking-draft/