Oh absolutely they are not "competing", I just don't believe it's fair to say the are rebuilding. They have a lot of key positions covered. Inept management has just surrounded those players with high priced bottom 6ers/AHL tweeners
If they don't fix their many issues in the line up they're going to be at or near the bottom of the pacific division (or whatever they'll call it) next year. Just my opinion, but they need work. The only thing that can prop up their win percentage will be the lousy teams in Anaheim and San Jose.