The GM of the Year award is a new NHL award. It first came into existence in 2010. This award is problem for the same reasons the coach of the year award is a problem but those reasons are much stronger for GMs. It is very hard to determine the impact of a coach or a GM in a short period of time. There is a tendency to give the awards to teams that improve by a significant margin and it is often hard to link that improvement to the coach of GM getting an award.
Last season Mike Gillis of Vancouver won the GM of the Year Award by barely beating out Steve Yzerman of the Tampa Bay Lightning. The case for Yzerman was that Tampa Bay improved significantly from 80 to 103 points. Yzerman is a likeable guy who earned a lot of good will in his Hall of Fame playing career and by GMing the 2010 gold medal winning Canadian Olympic Team.
Source: http://www.kuklaskorner.com/index.php/psh/comments/yzerman_case_study_undermines_gm_of_the_year_award/
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