I disagree. It is proving rebuilding efforts. Just not "scorched earth", "burn it down", or "Shanaplan". Which is what I gather most fans here don't want anyhow.
The typical talking point is "Wings sign mediocre UFA at deadline", which is true... but prove trade
value at TDL (see Vanek). That returns free picks we otherwise wouldn't have. Also, Jim Devellano touched on this. Wings aren't attracting many UFA... Which explains why they locked down players to long contracts to help through this time of rebuild.