Disagree. Look at the roster, now push the roster out 2 years, same players. What is the salary paid out? It will be greater than the salary cap.
That means that we have completed the rebuild and we are now in the cap management phase.
If we are still rebuilding with more assets still needed and no cap space, how do you add that into the team roster? You can't. The rebuild is done.
You could say we are in the growth phase. Where you have your assets in place and are growing them to their full potential, but Ottawa can ice 80% the same players on 3 years and still be youngish.