High Quality Content by WIKIPEDIA articles! The Ted Lindsay Award, formerly known as the Lester B. Pearson Award, is awarded annually to the National Hockey League`s most outstanding player in the regular season as judged by the members of the NHL Players Association. It has been awarded 40 times to 23 different players since its beginnings in 1971. It is a companion to the Hart Memorial Trophy, which is awarded to the League`s Most Valuable Player, as judged by members of the Professional Hockey Writers` Association.