Its pretty obvious that we are starting the year as a cup contender. The Avs appear as a top 5ish team in at least 2/3 of the power rankings, betting sites or semi-experts sites. Arguing that they are NOT starting the year as a cup contender is a minority opinion that confirms that there is no unanimity on the topic. Their probability of winning the cup are lower than in the past and will likely decrease a little every year. But it is highly likely that they will maintain the label of contender, in the eyes of the majority (not unanimity) for 2-3 more years. In my humble opinion, the only rational way of arguing that they are not a contender anymore is by applying a very, very restrictive definition to the term "contender", in order to include only 2-3 teams per year in that category.
Predictions are designed to be wrong, especially when they're done by random fans opinions without using any statistics to back them up... Meanwhile the stats guys who are always more accurate almost unanimously have the Avs regressing pretty significantly again next year.
I also quite frankly just dont buy the 2/3s argument at all... Just off of sources we've used here in previous days, The Athletic ranked us 25th in the league for offseason moves. JFresh's model projected us as a Wild Card team next year, Bleacher report has us 8th, NHL.com has us 9th, Money Puck 9th...
Betting sites are a joke designed to make money for the sites, they shouldn't cited as a source for anything really.
I'd say there's on average ~4-6 true Cup contenders in a given year(IE ~10% chance to win), then 4-6 dark horse contenders(~5% chance), so arguably ~10 teams that have a somewhat legitimate chance to win.
Most models right now would predict the Avs to absolutely not be in that Top group, more like a dark horse team that could move up or down a tier depending on the performances of Johansen and Colton in particular, but also quite frankly Nichushkin, and Byram are pretty important for next year as well.