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Pre-draft analysis is generally un-revealing. That is to say, no one can predict how a team's draft is going to play out, because that team's general manager and scouts are likely thinking something completely different than what sportswriter's think they're thinking.
Post-draft analysis is similarly pointless. Every team feels as if they drafted the best players available and made the best possible trades—at least at this point. We can determine who actually won and lost this draft in a few years, but for now, nobody knows.
That being said, we can still look at if the Sharks fulfilled some basic objectives, and how they handled any curveballs thrown their way.
San Jose drafted Tomas Hertl at No. 17. While Sebastian Collberg—my projected Sharks pick and an assumed top-20 talent—was still available, he fell all the way into the 2nd round. This means that every team passed on him, so San Jose can hardly be faulted.
Slater Koekkoek—my other projected Sharks pick—went No. 10. This means that San Jose didn't make any obvious blunders, and Hertl certainly has top-six, two-way center potential.
In round two, the Sharks drafted Chris Tierney. My projected picks Ludvig Bystrom and Mark Jankowski were already gone, so San Jose can't be faulted there.
Tierney was an apparent reach, as he was projected to go in the 5th round or later. However, San Jose didn't have another pick until round 5, so taking Tierney early is undertandable. Still, San Jose could have traded down for, say, a 3rd and 6th rounder, adding Tierney in round 3 and an extra draft pick.
Trade w/ Chicago
The Sharks always target individuals aggressively. It leads to them "reaching" as they did in round 2, and it leads to them trading up as they did here. San Jose clearly wanted Christophe Lalancette, and giving up a future 4th rounder and one of their two 7th rounders this year was a small price to pay.
After drafting two projects at center, the Sharks did well to add a wing in round 4.
San Jose went back to center with Daniel O'Regan in round 5, but drafting three centers in the first five rounds may be a good thing: It means the Sharks will very likely gain at least one NHL center from this draft; O'Regan is less of a gamble but more insurance.
The Sharks have an exceptional history of finding NHL-defenseman late in the draft, so the additions of Clifford Watson and Joakim Ryan seem to be far more than Doug Wilson grabbing the best players left—the Sharks likely targeted these guys before the draft.
The Sharks seemed to reach early and dominate the later rounds, both as per usual. They addressed positional needs at the right places and added a good number of long-term projects. The decision not to drop back to draft Tierney seems questionable, but the decision to jump up for Lalancette seems to even things out.
Overall, this was a typical Sharks draft, and unless they get unlucky, they'll get their usual two or three NHL factors out of it.