History
The trophy was introduced at the start of the 1985–86 NHL season by the league's Board of Governors. Prior to this, the best team in the league during the regular season was allowed to hang a banner stating "NHL League Champions".
If there are two or more teams tied for first in points in the league, then the NHL's standard tiebreaking procedure is applied, with the first tiebreaker being the team with the most wins. An example of this is from the 2006–07 season, where both the Buffalo Sabres and Detroit Red Wings finished first with 113 points. However, Buffalo had 53 wins while Detroit had 50, thus the trophy was awarded to the Sabres.
A total of 15 teams have won the Presidents' Trophy. The Red Wings have won six Presidents' Trophies, the most of any team. Six teams (Calgary Flames, Colorado Avalanche, Dallas Stars, Edmonton Oilers, New York Rangers, and Vancouver Canucks) are tied for second most with two Presidents' Trophy wins apiece. Among these multiple winners, Calgary, Dallas, Detroit, Edmonton, and Vancouver have won it in consecutive seasons.
Read more about this topic: Presidents' Trophy
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—Thomas Henry Huxley (1825–95)
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—Thomas Jefferson (1743–1826)