I'm starting to sound like the Detroit/Yzerman apologist, but based on Yzerman's recent press conference it sounds like Detroit is trying to go the Seattle route and win by committee.
I know I'm in the minority, but I think what they're doing make sense. The Red Wings have finished 24th or worse (usually worse) in seven straight seasons, and have lost the Draft Lottery multiple times in that span (notably in 2019 and 2020). Detroit still drafted well in those seasons, but some of their other picks aren't NHL ready yet, while others simply didn't develop well.
At the end of the day, I think they decided being horrible every year wasn't the way to go anymore, so they added guys like Copp, Husso, and Perron last off-season. They were actually in the playoff hunt until mid-February, but the wheels fell off after two back-to-back butt whoppings by Ottawa, which led to them selling at the deadline.
Now they've added DeBrincat, Compher, Gostistbehere and more to their team, and I think they have a decent chance of making the playoffs next year. But even if they miss, they still have several notable prospects on the way (Cossa, Daniels, Edvinsson, and Kasper). They also still have $33M(!) in cap space next off-season, so there's plenty of cap space to add front line talent in the future.