NHL's draft lottery scheduled for May 7

The 2024 NHL Draft Lottery will take place on May 7, the league announced Friday.

The San Jose Sharks own the best odds to land the No. 1 overall pick with an 18.5 percent chance.

The Sharks fired head coach David Quinn earlier this week after finishing an NHL-worst 19-54-9.

Boston University forward Macklin Celebrini, the Hobey Baker Award winner, is the projected No. 1 pick.

The lottery will be held at NHL Network's studio in Secaucus, N.J.

—2024 NHL Draft Lottery, odds of landing No. 1 pick:

San Jose Sharks, 18.5 percent

Chicago Blackhawks, 13.5 percent

Anaheim Ducks, 11.5 percent

Columbus Blue Jackets, 9.5 percent

Montreal Canadiens, 8.5 percent

Utah, 7.5 percent

Ottawa Senators, 6.5 percent

Seattle Kraken, 6 percent

Calgary Flames, 5 percent

New Jersey Devils, 3.5 percent

Buffalo Sabres, 3 percent

Philadelphia Flyers, 2.5 percent

Minnesota Wild, 2.0 percent

Pittsburgh Penguins, 1.5 percent

Detroit Red Wings, 0.5 percent

St. Louis Blues, 0.5 percent

—Field Level Media