I'm not saying I agree with this direction but that's how Gorton views it. They've created a window of contention starting from the 2021-2022 season which will most likely last 3 years until Panarin declines.
I think Gorton is playing it down the middle, which I view as the wrong move, but I also do not think he views the rebuild as "over." And I do not expect him to go out and trade Lundkvist or Miller for a 26-27 year old marginal #1LHD.
I have a super long post in the Kreider extended thread here breaking down where I was seeing this team heading and where I still think it should head in the aftermath of the Kreider signing:
Confirmed with Link: - Kreider extended 7 years, AAV approximately $6.5MM
Long story short, I was in favor of adding Panarin, I am in favor of keeping Mika, I even could accept bringing on Trouba, but the sacrificing of future for present needs to end here with the Kreider signing. They have enough right now to be a playoff team next season. I would be shocked if they were not.
Stop trying to accelerate it further. In fact, they should probably even sell-off Fast and Strome and maybe even Buch at some point, because you can't make the same arguments for their irreplaceability that you can even for Kreider.