Maybe this is just me being hopeful as a fan but I honestly think at least for the core guys the biggest thing driving that is after years of being an elite regular season team and coming up short in the playoffs the guys just aren't that motivated to try hard in the regular season. Watching us this year reminds me of the Bolts in the regular season the year after the Blue Jackets upset them. There is something to pacing yourself for the playoffs, both an individual level and on the team level. NHL isn't as bad as the MLB or NBA in terms of regular season games not really mattering but it's pretty darn close. This isn't the NFL where every single regular season game holds huge importance (at least until the final week some years where seeds could be clinched already).
Also, some perspective is important. These last few months have sucked to watch and we've definitely underperformed. But we're still 10th in the league, same exact record as defending champ Panthers. And that is with the context of our goaltending struggling, which could easily fix itself later in the year with Freddie coming back and/or Pyotr getting hot. We've seen Pyotr have average stretches like this in the past and still then go on a run so I'm not counting that out this year yet. Much rather see him struggle now than in April/May/June.
With more focus/motivation and better goaltending I think we'd easily still be a top 3-5 team like we were to start the year before the recent struggles. And that is with this year being a retooling/refresh year for the team. The hot start caused a lot of people to adjust their expectations back to what they have been the last few years but the offseason was very clear to me that this year was about setting up future sustained success, not trying to win it all this year. I still maintain winning a playoff round this season would be a huge success and make this a good season. Anything more is gravy and even just making the playoffs and losing a close first round wouldn't be all that bad with everything considered. Next year expectations go up again with Nikishin along with the cap space and assets we're sitting on to make moves.