Theodore put up 9 more points than Petro in 17 fewer games, so it's fair to ask if he'll soon pass Petro on the depth chart.
Krug put up 9 more points than anyone on our blueline this year and 13 more points than Parayko but no one would remotely suggest that it's moving him up the depth chart.
Krug played against noticeably harder competition and with much less offensively skewed usage than Theodore did this year. Theodore is a much, much better player than Krug, but he is very much playing the sheltered role in Vegas (and dominating in that role). He had the 6th toughest quality of competition among the regular D men on the Vegas blue line and the most offensive deployment. Again, he crushed it in that role and none of this is a knock against him.
But usage matters. Matchups matter. Defending matters. Killing penalties matters.
Petro got by far the highest quality of competition in Vegas this year. He got matchup against elite talent at the same frequency as Parayko/Leddy (albeit with much more favorable zone start rates).
Petro's job this year was to match up against the other team's top line.
Theodore's job was to cave in easy competition.
Again, I'm not knocking Theodore. He had a great season and is earning himself a hell of a pay day. But I'm not sold that excelling in the highly sheltered role makes him a candidate to do the job of an all-situation #1. This is the 2nd straight year that Vegas has split the load like this and Theodore has been great in that role. But they are very intentionally playing him to maximize his strengths, which has meant Petro getting more and harder minutes.
Does anyone still think Petro is worth almost $9 million per year at this point?
Go Stars go!
Petro hasn't been worth the AAV this year, but he was worth every penny and more in the playoffs last year. He's also had 3 (and arguably 4) deep playoff runs in his career where he found an extra couple gears in the playoffs from what he brought in the regular season. His first 4 playoff games have been underwhelming this year, but he is also freshly back from an appendectomy that caused him to miss the last 7 (and 13 of the last 15) games of the season.
I'm not at all ready to declare him washed and so far Vegas is still giving Theodore the sheltered deployment while Petro eats the hard minutes. That could absolutely change, but the jury is still well out for me. I'm rooting for Dallas, but I won't be at all surprised if Vegas comes out of this series and winds up making another deep run with Petro leading the team in minutes.
Looking forward, Theodore should be looking to get
paid. They may prefer 8 years of Theodore to Petro's remaining 3, but Petro isn't going anywhere. That NMC and AAV was the cost to bring in the #1 D that brought the franchise its Cup. They don't win that Cup without Petro and part of that bill is that you are stuck with him for the decline. I think that they will buy out the final year of his deal if he still wants to play (the contract is structured to make a buyout feasible in the final season), but even then they would still have to make at least 1 year work while paying Petro $8.8M, Hanifin $7.35M and Theodore whatever raise he gets.
I would make that work if I were them, but I also see a scenario where Theodore wants too much money and they move him this summer for a haul. I could see an intelligent hockey operations department having major concerns about how Theodore's play will translate in the all-situations role he will eventually have to take on if they pay him like a #1. They are wizards with the cap, but finding another Petro (and extending Eichel) while paying Hanifin and Theodore $18M is a hell of a tough ask.
I see the logic in selling Theodore to recoup some of the assets lost in the last few months, relying on Petro/McNabb to give you 1-2 more years of shutdown top 4 play and then trying to find/develop young D in the bottom half of the lineup for 1-2 years with the goal that they eventually take the reigns from McNabb/Petro (along with a high priced acquisition you pick up when the timing is right). That plan sounds more like Vegas than giving Theodore the bag after acquiring/extending Hanifin (who has a lot of the same strengths as Theodore).