Hear me out. It won't work that way. Why? Because of the cap.
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The cap space, generally speaking aligns with the total points.
Only 4 teams have over 8 million in cap space. Detroit is the $8M team. They couldn't afford Bedard. Ducks, Yotes and Sabres have the room. All bottom feeders. They spend big for two years and they move out of contention for the top pick. This also ends teams like the Oilers who would of had to SIGN all of those top picks so they couldn't be perennial top 3 lotto winners.
A contract is still free market. If you sign Abby for 4 years or Kovachuk for 12 or or or... you eat it. They have to keep the cap or, as said, you'll end up with the pre cap big market teams hoarding all the talent.