The players being exchanged were often either older vets on their way out or younger players who hadn't yet established themselves. The biggest name in the '72 draft, Tim Horton, was definitely one of the former. The four-time Stanley Cup champion was 42 years old, heading into his 21st full year in the NHL. By this time he was supposedly very myopic (literally, not figuratively) and very highly compensated, which is why the Penguins were not upset in parting with his services. He played about a season-and-a-half in Buffalo, famously having died when he lost control of his De Tomaso Pantera in the wee hours of the morning of the 21st of February, 1974.
The way the Intra-League Draft worked was that the teams would submit protected lists, lists of player who would not be eligible to be picked, to the NHL Central Registry. If a team picked a player from another team the team that was picking had to remove a player from its protected list in order to accommodate the new player. As consideration the team that was losing the player had a choice between taking a cash fee (again, $40,000 in 1972) or claiming the player that the other team had removed from its protected list (and paying the claiming team $30,000). For example the Canucks picked Don Tannahill from the Bruins, they removed Don Ward from their own protected list, and Boston had the choice of $40,000 or taking Ward; they chose the cash. When the Kings picked Barry Long from the Black Hawks they removed Bill Orban from their list and instead of taking the cash the Black Hawks took Orban (and paid the Kings back $30,000, so the net return was Orban and $10,000).
|Overall||Player Chosen||By||From||Player Removed|
From Protected List
|1||Don Tannahill||Vancouver Canucks||Boston Bruins||Don Ward||cash|
|2||Barry Long||Los Angeles Kings||Chicago Black Hawks||Bill Orban||claim|
|3||Tim Horton||Buffalo Sabres||Pittsburgh Penguins||Danny Lawson||cash|
|4||Larry Pleau||Toronto Maple Leafs||Montreal Canadiens||Brad Selwood||claim|
|5||Gerry O'Flaherty||Vancouver Canucks||Toronto Maple Leafs||Jim Niekamp||cash|
|6||Doug Volmar||Los Angeles Kings||Detroit Red Wings||Lucien Grenier||cash|