 The Hockey Hall of Fame states that Loicq was a "dedicated organizer" who spent a lifetime involved in the game, was "respected for his project management skills" and a "visionary" who was the "brain on the national and international scene".The IIHF established the Paul Loicq Award in 1998 to further recognize his legacy.The award is given to recognize an individual for outstanding contributions to the development of international ice hockey, and is handed out at the same time as the hall of fame induction.