NHL was announced to be a league in mid-December 1911. The first team to join NHL was the MONTREAL CANADIANS.these are my favorite awards, because the are the most important awards. The Stanley cup is the most important award in NHL history, you have to be one the best team in your division the top 3 . You have to be the best team to make it to the Finals and compete with an opponent and one of the teams has to win 4 games to get the best cup. The Presidents' Trophy is an award presented by the National Hockey League (NHL) to the team that finishes with the most points in the league during the regular season. If two teams tie for the most points, then the trophy goes to the team with the most wins.