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The league's regular season standings are based on a point system. Two points are awarded for a win, one point for losing in overtime or a shootout, and zero points for a loss in regulation. At the end of the regular season, the team that finishes with the most points in each division is crowned the division champion, and the league's overall leader is awarded the [[Presidents' Trophy]].
The Stanley Cup playoffs, which go from April to the beginning of June, are an elimination tournament where two teams play against each other to win a [[Best-of-seven playoff|best-of-seven]] series in order to advance to the next round. The final remaining team is crowned the Stanley Cup champion. Eight teams from each conference qualify for the playoffs: the top three teams in each division plus the two conference teams with the next highest number of points.<ref name="nhl_playoff_format">{{cite web|website=National Hockey League |title=Playoff formats |year=2005 |access-date=June 6, 2006 |url=http://www.nhl.com/hockeyu/history/cup/formats.html |archive-url=https://web.archive.org/web/20010718071657/http://www.nhl.com/hockeyu/history/cup/formats.html |url-status=dead |archive-date=July 18, 2001 }}</ref> The two conference champions proceed to the [[Stanley Cup Finals]]. In all rounds, the higher-ranked team is awarded home-ice advantage, with four of the seven games played at this team's home venue. In the Stanley Cup Finals, the team with the most points during the regular season has home-ice advantage.
==Entry Draft==
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