The 2024 NHL draft lottery will take place on May 7, the league announced Friday.

The San Jose Sharks own the best odds to land the No. 1 overall pick with an 18.5 percent chance.

The Sharks fired head coach David Quinn earlier this week after finishing an NHL-worst 19-54-9.

Boston University forward Macklin Celebrini, the Hobey Baker Award winner, is the projected No. 1 pick.