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The fact that he goes against opposing top lines suggest nothing more than him being the best defenseman on a disaster of a defense core. Carlyle doesn't have much to choose from.
Considering that we tend to lose due to depth scoring rather than the top lines tells us he's effective in a shut down role. Phaneuf is doing a great job keeping top lines under control and that's why we see line matching against the top pairing.
I agree. He is not a puck mover. The problem is that he isn't a shut-down guy either. That's why it's so difficult to find him a good partner.
He's a prototypical shut down type. He's one of the best hitters in the league and his parsimonious playing style really keeps skilled guys honest. Look at how rattled Crosby, Getzlaf/ Perry, and the rest are when up against Phaneuf.
On the other hand, #1Ds like Duncan Keith are pretty bad in a shut down role, and it's better reserved for guys like Hjalmarsson and Oduya in conjunction with the Sharp - Toews - Hossa line. Seeing that we're missing a critical shut down guy in Bolland up front, it's hard to compare Phaneuf performance to comparable defencemen. He just isn't being properly supported.
Regardless, I can see him being signed the $7 million x 7 deal. Most of the criticism seem to be going beyond reason, and once he's signed, this should be over. Much like Kessel @ 8 million, this "heat" will just die down.