To be fair, they did try to somewhat with Douglas Murray and bringing in Voukoun at the beginning of the year.
Surely letting a 20~ goal scorer walk wasn't the downfall of our franchise. I'd be willing to bet the string of god awful GM moves and even worse drafting history has had a way bigger impact than not resigning Martin Gelinas. There's also the fact that management never built anything around our star player throughout his entire career, rather we decided to try and watch the Jarome Iginla and Miika Kiprusoff show featuring Olli Jokinen Part 1 & 2. The problems trickle down from management down to coaching staff. They failed to build this team correctly and we're paying for it now. They had some decent years but nothing really fantastic that was comparable to 03/04 post season. There was a serious playoff drought in the 90s that lasted from 1996-2003 and unless we get the next Sidney Crosby, it might be another long wait.