Sharks fan here, the VGK pick was UNPROTECTED in the Hertl trade, all conditions are specific to the trade between SJS and NSH on Friday
The protection details per Friedman and Johnston:
So, in the very unlikely circumstance that Vegas picks top 10 and the Sharks pick 11 or lower SJ get to keep the Vegas pick and send the SJS pick out to NSH instead
Realistically, SJS is sending the Vegas pick and keeping their own, but now San Jose has some lottery protection in case Vegas really bottoms out and the Sharks progress more than expected
The ONLY circumstance in which SJS sends Nashville the higher pick is if Vegas picks 11th or later and San Jose still picks later than they do, which just seems incredibly unlikely, but if that does happen then the Sharks aren't sending back anything higher than pick #11
I think this was a great trade for both teams, San Jose addressed a major area of need in their prospect pool, and Nashville got great value out of a distressed asset that publicly requested a trade, as a Sharks fan I felt we sent out a lot of value for a goalie with so little NHL track record especially given the trade request, so I think you should feel good about the return
I really like what I see from Edstrom, I think you've got a solid middle-six center in the making there, he's probably just a couple of years away though