The 1956 NHL Intra-League Draft, the first to occur as part of the league's summer meetings in June (June 6, 1956 to be exact), was the busiest intra-league draft yet. Two players were chosen.
The Black Hawks, Bruins and Maple Leafs passed on their picks but the third-place Rangers picked defenceman Larry Cahan from the Maple Leafs for the draft price of $15,000. The second-place Red Wings followed, taking forward Tom McCarthy from the Rangers.
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