I remember reading that an NHL team needs to pull 2 players out of the draft to be above average, which ostensibly includes 1st round picks. You can't expect to hit on everything, but you need to pull _someone_ out to maintain a healthy pipeline. No one drafted after 2016 has played a significant amount of time for the Jets. Gus may be the first one. Let's look at each team, starting with 2016-2020 (no one played more than 100 games from 2021). To make this easier, I'm just looking at drafted players by team, and not tracking trades. It's imperfect, but they're still NHL players regardless of where they were developed.
Player draft hits per team (min 100 games played):
ANA: 1.2
ARI: 0.6
BOS: 0.6
BUF: 1.2
CAR: 1.2
CBJ: 0.8
CAL: 0.6
CHI: 1.0
AVS: 0.4
DAL: 0.4
DET: 1.0 (technically one player in 2017 is at 99 games played, so I counted it anyways)
EDM: 0.6
FLA: 0.6
LAK: 0.4
MIN: 0.2
MTL: 0.8
NJD: 1.8 (Dawson Mercer needs 9 more games to hit 100GP, and was drafted in 2020, so I counted him)
NSH: 0.6
NYI: 0.2
NYR: 1.0 (that 2016 draft lol)
OTT: 0.8
PHI: 0.6
PIT: 0.0
SJS: 0.4
STL: 0.6
TBL: 0.6 (2016 technically only has 2 players, but 2 more are playing games this season that will have them break the criteria, bringing TBL up to 1.0 if they hit)
TML: 0.6 (0.8 if Sean Durzi plays 27 more games this season)
VAN: 0.6
VGK: 0.6 (0.8 if Glass plays 18 more games this year)
WPG: 0.2
WSH: 0.0 (Fehervary needs 6 more games to hit 0.2; McMichael needs 30 more to bring it to 0.4)
So, there are _far_ more teams below the 1 player hit, which tells me that I may have bit a bit stringent on the cutoff. Still, there is some useful data to pull out of this. The teams who made the playoffs the most in those 5 years have the fewest hits on average, but there are a few standouts amongst the rest. Carolina made the playoffs in 3/5 years, and have a 1.2 hit rate. NAS made the playoffs in 5/5 years and have a 0.6. TBL have won the Stanley cup twice, made the playoffs in all 5 years, and are tantalizingly close to a 1.0 hit rate. NJD have the highest hit rate, and only made the playoffs one of those years. Conversely, BUF missed every year and owns a 1.2 hit rate. Jets made the playoffs 4/5 years, and have a 0.2 rate. TML made the playoffs all 5 years, and have 3x the amount of hit players.