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William "Billy" (Red) Hay (Born - December 8, 1935 in Saskatoon, Saskatchewan) is a retired Canadian centre who played eight seasons in the National Hockey League for the Chicago Black Hawks. He is the son of Hockey Hall of Fame member Charles Hay.

Hay started out with the junior Regina Pats in 1952-53 and switched to the University of Saskatchewan in 1953-54. He returned to the Pats in 1954-55. As the Regina Pats were a Montreal Canadiens farm team, his NHL rights belonged to Montreal,

Hay did something unusual for the time, he went to an American university. He entered Colorado College and played there for three seasons. In the last two (1956-57 and 1957-58) he was an All-American. Colorado College won the NCAA title in 1956-57.

He turned pro in 1958-59 with the Calgary Stampeders of the Western League.

As part of the NHL's plan to strengthen the weak Chicago Black Hawks, Hay's rights were sold to Chicago by the Canadiens in 1959.

Hay won the Calder Trophy in 1960 as rookie of the year in the NHL. In 1960–61, matched on a line with Bobby Hull and Murray Balfour, he was the top scorer for the Stanley Cup Champion Chicago Black Hawks. He would go on to play as a regular with Chicago through the 1966-67 season when he retired.

After his retirement he returned to western Canada in Calgary, Alberta to become the President of the Calgary Flames of the NHL. He is currently the President of the Hockey Hall of Fame in Toronto, Ontario, Canada.

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Preceded by
Ralph Backstrom
Winner of the Calder Trophy
Succeeded by
Dave Keon