Prior to 1972 awarded to the goaltender with the lowest goals-against average who appeared in at least 50% of regular season games. It was first awarded in 1948. The trophy is named after Hap Holmes. There is no equivalent award in the NHL; however, the William M. Jennings Trophy and the Roger Crozier Saving Grace Award serve similar functions. The Jennings Trophy is awarded to the goaltender(s) with the lowest number of total goals allowed in the regular season, while the Crozier Award is bestowed on the goalie with the highest save percentage in the League.
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