next 23 years. Although the Oilers' on-ice performance for most of the WHA's history was mediocre, they remained relatively well-supported and financially stable by WHA standards. In 1976, Hunter and Allard sold the franchise to Vancouver real estate tycoon Nelson Skalbania, who later became notorious for flipping property, both real and franchised. Skalbania soon made local businessman Peter Pocklington a full partner, then sold his shares to him the following year. The team's fortunes improved dramatically in 1978 when Pocklington acquired underage player Wayne Gretzky, as well as goaltender Eddie Mio and forward Peter Driscoll, for cash, from Skalbania's recently folded Indianapolis Racers. His first year of WHA experience prevented Gretzky from being an official 1979–80 NHL rookie; his first and only WHA season, 1978–79, saw the Oilers finish first in the WHA standings, posting a league-best 48–30–2 record. However, Edmonton failed to win the championship, as they fell to the Winnipeg Jets in the Avco World Trophy Final. Dave Semenko of the Oilers scored the last goal in WHA history in the third period of the final game, which they lost 7–3. The Oilers joined the NHL for 1979–80, along with fellow WHA teams Hartford Whalers, Quebec Nordiques, and the Jets following a merger agreement between the two leagues. Of these four teams, only Edmonton has avoided relocation and renaming; the Nordiques became the Colorado Avalanche in 1995, the Jets became the Phoenix Coyotes in 1996 and the Whalers became the Carolina Hurricanes in 1997. Entry into the NHL (1979–1983) The Oilers lost most of the players from 1978–79 when the NHL held a reclamation draft of players who had bolted to the upstart league as they were allowed to protect two goaltenders and two skill players. Originally, Gretzky was not eligible to be protected; under the rules of the time, he normally would have been placed in the Entry Draft pool. However, Pocklington had signed him to a 21-year personal services contract in 1979 and Pocklington used the contract to force the NHL to admit the Oilers and allow the Oilers to keep Gretzky. Upon joining the NHL, the Oilers were placed in the Campbell Conference's Smythe Division. They were mediocre during the regular season in their first two seasons, finishing sixteenth and fourteenth respectively. However, because 16 of the 21 NHL teams made the playoffs at the time, the Oilers were still able to get their young