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The NHL should consider this format.
Each year, the NHL's Stanley Cup final features the Western Conference champion versus the Eastern Conference champion, but can you imagine if a playoff format allowed the Boston Bruins to face the Pittsburgh Penguins in the Stanley Cup Final? Conversely, what about a Chicago Blackhawks vs. Los Angeles Kings matchup for the Stanley Cup Final?
It would be pretty exciting to see a playoff format that included the top 16 teams in the league. It would effectively get rid of the West and East separation of teams and teams that earned a playoff spot by just being the best team in a very bad division.
Just for an example, here is the playoffs would have looked this year if this format was in effect.
No. 1 Chicago Blackhawks vs. No. 16 New York Islanders
No. 2 Pittsburgh Penguins vs. No. 15 Minnesota Wild
No. 3 Anaheim Ducks vs. No. 14 Ottawa Senators
No. 4 Montreal Canadiens vs. No. 13 Detroit Red Wings
No. 5 Boston Bruins vs. No. 12 New York Rangers
No. 6 St. Louis Blues vs. No. 11 San Jose Sharks
No. 7 Los Angeles Kings vs. No. 10 Washington Capitals
No. 8 Vancouver Canucks vs. No. 9 Toronto Maple Leafs
These matchups would make the first round very interesting, and the results in later rounds could be even better.