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USA TODAY Sports

The 2014 NHL draft is in the books after a star-studded first round hit the TV airways on Friday night and Rounds 2 to 7 closed it out Saturday afternoon.

It will be years before we know what the long-term effects of the weekend's selections will be, but the early grades are in for each team.

Factoring into these letters are what the team needed heading into the draft and what they got out of it; whether or not they got an impact player, or if they were really fortunate, more than one; whether or not they turned assets into multiple assets via trade, or were smart enough to stand back and just pick the best player available at every turn.

Click ahead to see where your team ranks, and offer your own grades in the comments.