NHL News: Toronto Maple Leafs Make Mike Babcock NHL's Richest Coach With 8-Year, $50M Deal

Toronto Maple Leafs' president Brendan Shanahan didn't win the number one pick in the draft lottery in April - a selection the Edmonton Oilers will convert into generational talent Connor McDavid. But on Wednesday he landed what is undoubtedly the top off-ice prize entering the June draft, as the Leafs announced the signing of former Detroit Red Wings head coach Mike Babcock to an eight-year contract worth a reported $50 million.