GVT is Puck Prospectus's player value metric, Goals Versus Threshold. The historical numbers linked to here go back to 1944.
It's pretty good for a single-number metric. Conceptually, it divides every team's performance into offensive, defensive, and goaltending pools, and then splits up the credit for each to each individual player. Offensive GVT is based on goals and assists, with goals given more weight. It's also split into power play, even strength, and shorthanded performance. Defensive GVT is based on shot prevention while the player is on the ice, and goaltending is based on save percentage.
There are certainly some oversimplifications in this model of value, that's why it's a model, not reality. But it seems to work pretty well for current NHL players.
However, I'm not sure how well it works for historical seasons. There is far less data available before 1997-98, when the NHL implemented their real-time scoring system to track time on ice. Before 1968, there is no plus-minus and little special teams data available. I have no idea how the model splits up credit for players pre-1968 especially, or what assumptions it uses.
Also, I don't believe there is any adjustment for strength of league, so the league total GVT doubled from the 1966-67 to 1967-68 season. This makes it very difficult to compare across eras.
If you want to judge how well it performs, here are the top 50 players in career regular season GVT, from the link.
1 | Wayne Gretzky | 542
2 | Gordie Howe | 519
3 | Ray Bourque | 492
4 | Patrick Roy | 434
5 | Dominik Hasek | 426
6 | Al MacInnis | 378
7 | Jaromir Jagr | 376
8 | Paul Coffey | 367
9 | Jacques Plante | 362
10 | Phil Esposito | 357
11 | Nicklas Lidstrom | 355
12 | Tony Esposito | 355
13 | Steve Yzerman | 351
14 | Mario Lemieux | 349
15 | Jean Beliveau | 345
16 | Glenn Hall | 344
17 | Bobby Orr | 341
18 | Mark Messier | 340
19 | Joe Sakic | 338
20 | Red Kelly | 327
21 | Maurice Richard | 326
22 | Marcel Dionne | 325
23 | Stan Mikita | 319
24 | Larry Murphy | 311
25 | Martin Brodeur | 307
26 | Phil Housley | 307
27 | Brett Hull | 298
28 | Bobby Hull | 296
29 | Denis Potvin | 293
30 | Mats Sundin | 292
31 | Ron Francis | 292
32 | Mike Modano | 291
33 | Chris Chelios | 290
34 | Larry Robinson | 289
35 | Scott Stevens | 287
36 | Brendan Shanahan | 285
37 | Teemu Selanne | 285
38 | Guy Lafleur | 282
39 | Alex Delvecchio | 278
40 | Brad Park | 272
41 | Brian Leetch | 272
42 | Ed Belfour | 271
43 | Sergei Fedorov | 270
44 | Jean Ratelle | 270
45 | Frank Mahovlich | 269
46 | Mark Recchi | 268
47 | Luc Robitaille | 263
48 | Pierre Turgeon | 261
49 | Norm Ullman | 258
50 | Ted Lindsay | 258
Doug Harvey was at #63, with 240 GVT.
And here are the year-by-year leaders.
Bill Durnan | 43-44 | 59.3
Bill Durnan | 44-45 | 46.9
Bill Durnan | 45-46 | 28.8
Bill Durnan | 46-47 | 39.3
Turk Broda | 47-48 | 30.5
Bill Durnan | 48-49 | 35.6
Bill Durnan | 49-50 | 27.0
Terry Sawchuk | 50-51 | 37.6
Terry Sawchuk | 51-52 | 38.8
Gordie Howe | 52-53 | 41.2
Harry Lumley | 53-54 | 35.5
Harry Lumley | 54-55 | 41.3
Jacques Plante | 55-56 | 34.1
Glenn Hall | 56-57 | 41.3
Jacques Plante | 57-58 | 29.3
Jacques Plante | 58-59 | 44.6
Glenn Hall | 59-60 | 31.7
Glenn Hall | 60-61 | 35.4
Jacques Plante | 61-62 | 44.0
Glenn Hall | 62-63 | 24.5
Glenn Hall | 63-64 | 38.0
Norm Ullman | 64-65 | 26.9
Glenn Hall | 65-66 | 30.0
Edward Giacomin | 66-67 | 27.2
Jean Ratelle | 67-68 | 22.3
Phil Esposito | 68-69 | 35.6
Bobby Orr | 69-70 | 46.5
Bobby Orr | 70-71 | 51.0
Bobby Orr | 71-72 | 45.9
Bobby Orr | 72-73 | 37.0
Bernie Parent | 73-74 | 59.3
Bernie Parent | 74-75 | 50.4
Ken Dryden | 75-76 | 51.1
Guy Lafleur | 76-77 | 37.0
Guy Lafleur | 77-78 | 36.5
Mike Palmateer | 78-79 | 40.1
Marcel Dionne | 79-80 | 30.2
Wayne Gretzky | 80-81 | 32.5
Wayne Gretzky | 81-82 | 42.6
Wayne Gretzky | 82-83 | 41.0
Wayne Gretzky | 83-84 | 44.3
Wayne Gretzky | 84-85 | 44.5
Wayne Gretzky | 85-86 | 37.0
Wayne Gretzky | 86-87 | 39.7
Mario Lemieux | 87-88 | 34.9
Mario Lemieux | 88-89 | 42.1
Patrick Roy | 89-90 | 35.0
Ed Belfour | 90-91 | 42.6
Patrick Roy | 91-92 | 38.2
Curtis Joseph | 92-93 | 40.2
Dominik Hasek | 93-94 | 43.9
Dominik Hasek | 94-95 | 55.5
Mario Lemieux | 95-96 | 37.6
Dominik Hasek | 96-97 | 49.7
Dominik Hasek | 97-98 | 54.0
Dominik Hasek | 98-99 | 54.4
Olaf Kolzig | 99-00 | 30.2
Sean Burke | 00-01 | 35.2
Jose Theodore | 01-02 | 43.1
Marty Turco | 02-03 | 34.6
Roberto Luongo | 03-05 | 47.1
Miikka Kiprusoff | 05-06 | 40.2
Roberto Luongo | 06-07 | 38.5
Alexander Ovechkin | 07-08 | 33.1
Tim Thomas | 08-09 | 37.7
Ryan Miller | 09-10 | 35.3
The year-by-year variability of goalie stats and the difficulty in extracting team defence from goalie play in earlier years cause goalies to dominate the single-season leaderboards. Here are the top skaters, year-by-year.
Lorne Carr | 43-44 | 24.4
Maurice Richard | 44-45 | 34.6
Max Bentley | 45-46 | 24.2
Maurice Richard | 46-47 | 27.2
Ted Lindsay | 47-48 | 19.8
Ted Lindsay | 48-49 | 22.4
Ted Lindsay | 49-50 | 24.3
Gordie Howe | 50-51 | 32.5
Gordie Howe | 51-52 | 33.8
Gordie Howe | 52-53 | 41.2
Gordie Howe | 53-54 | 30.2
Bernie Geoffrion | 54-55 | 25.7
Jean Beliveau | 55-56 | 34.0
Gordie Howe | 56-57 | 28.1
Dickie Moore | 57-58 | 25.0
Dickie Moore | 58-59 | 28.4
Jean Beliveau | 59-60 | 21.4
Bernie Geoffrion | 60-61 | 28.6
Bobby Hull | 61-62 | 21.2
Gordie Howe | 62-63 | 20.8
Bobby Hull | 63-64 | 25.6
Norm Ullman | 64-65 | 26.9
Bobby Hull | 65-66 | 27.6
Stan Mikita | 66-67 | 26.8
Jean Ratelle | 67-68 | 22.3
Phil Esposito | 68-69 | 35.6
Bobby Orr | 69-70 | 46.5
Bobby Orr | 70-71 | 51.0
Bobby Orr | 71-72 | 45.9
Bobby Orr | 72-73 | 37.0
Bobby Orr | 73-74 | 43.8
Bobby Orr | 74-75 | 48.5
Denis Potvin | 75-76 | 29.2
Guy Lafleur | 76-77 | 37.0
Guy Lafleur | 77-78 | 36.5
Mike Bossy | 78-79 | 31.0
Marcel Dionne | 79-80 | 30.2
Wayne Gretzky | 80-81 | 32.5
Wayne Gretzky | 81-82 | 42.6
Wayne Gretzky | 82-83 | 41.0
Wayne Gretzky | 83-84 | 44.3
Wayne Gretzky | 84-85 | 44.5
Wayne Gretzky | 85-86 | 37.0
Wayne Gretzky | 86-87 | 39.7
Mario Lemieux | 87-88 | 34.9
Mario Lemieux | 88-89 | 42.1
Ray Bourque | 89-90 | 24.8
Wayne Gretzky | 90-91 | 31.0
Mario Lemieux | 91-92 | 26.5
Mario Lemieux | 92-93 | 35.9
Sergei Fedorov | 93-94 | 30.0
Eric Lindros | 94-95 | 32.1
Mario Lemieux | 95-96 | 37.6
Mario Lemieux | 96-97 | 30.8
Jaromir Jagr | 97-98 | 26.4
Jaromir Jagr | 98-99 | 34.8
Pavel Bure | 99-00 | 27.4
Joe Sakic | 00-01 | 34.9
Jarome Iginla | 01-02 | 29.5
Milan Hejduk | 02-03 | 29.0
Martin St. Louis | 03-05 | 28.9
Jaromir Jagr | 05-06 | 29.2
Sidney Crosby | 06-07 | 28.5
Alexander Ovechkin | 07-08 | 33.1
Alexander Ovechkin | 08-09 | 27.3
Alexander Ovechkin | 09-10 | 32.7