Interesting. What would be the value of an offensive rebound and miss the putback versus a steal off the press and miss the layup, or make the shot in both scenarios? Seems to me on both instances the opponent is, in effect, losing a possession?
Yeah, so in this case the WP change is going to be similar, but manifest differently. A steal-and-score is two positive results (+WP from defensive turnover, +WP from team score) whereas an offensive rebound is a positive result and a negative-result-denied (+WP from denying the opponent nullifying your possession, then +WP from team score)
The main difference here will be: how likely are you to score after each event? An open court steal leaves the opponent exposed defensively (you often get either a layup, or a wide open 3 with good rebound potential) whereas an offensive rebound nets you a free possession, but the quality of the possession will be lower, and will vary -- an offensive rebound by a tall forward or center that can be put back up for a short 2 attempt is better than an offensive rebound by a guard, midrange distance and with the defense set.
Hope that makes sense. If you assume a miss or a make after steal oRB, then the value of each is similar -- (perhaps the same?*) but the steal is going to be a bit better because the actual
odds of a make are higher with an open-court steal than in a contested rebound.
WP impact by order would probably be
1a. Open court steal (fewer defenders in front of you, the better. Doesn't have to
necessarily be in the backcourt, think Samara Spencer's interception vs. UConn which happened in the UConn frontcourt but became an easy 2 for Samara because nobody could catch her with how she accomplished it) which can either become an easy 2 or a wide open 3.
1b. Offensive rebound by a tall forward/center who can put up another shot right away
2a. Offensive rebound outside of the paint
3. Opponent dead ball turnover (good, but definitely not as great)
Coach's system emphasizes both the steals and the offensive rebounds, which certainly played a role in managing to win a national championship at a school that plays in a mid-minor D2 conference. She hasn't yet had a season at Tennessee that met the standards, but perhaps this year she'll be less timid about being aggressive on both fronts even against good teams.
*I think it'd be the same, since the gamestate is the same after either result. Opponent ball, same score, same time on the clock. So the main difference between the various types of turnovers and offensive rebounds will be the EV of the ensuing possession.