IMO, Nashville did a rebuild ("rebuilding on the fly", as Poile put it), but they didn't have quite the same amount of boom and bust as some anons think rebuilding requires. They went from what was considered a bit of a contender, lost a big name player and traded away a top line winger, had a horrible season thanks to injury to land them a top pick (which still wasn't a 1C...), and through some savvy trades managed to land top line players while prospects panned out. It's not glamourous and there's no Cup, but that's pretty much how it should be done.