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The 1978 NHL dispersal draft was held on June 15, 1978. It was the result of the merger of two National Hockey League (NHL) teams, the Cleveland Barons and the Minnesota North Stars. The NHL granted majority ownership of the North Stars to Barons owners Gordon Gund and George Gund III, after their bid to buy the Barons' home arena failed, and as the League feared the ownership group of the North Stars, another team performing poorly amid waning fan interest, would cease that team’s operations. To prevent the North Stars from folding, the NHL allowed the Gunds to merge them with the Barons; the Gunds would be majority owners of Minnesota North Stars.
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