I obviously didn't mean during our heyday years in 00-03, but from 2005 and 2014 there should've been a different approach.
Losing guys like Niedermayer, Rafalski, Gomez, Gionta, Parise, Clarkson, Martin, Fayne, Madden, etc etc for absolutely NOTHING in return will catch up to you eventually, and it did. There's no way anyone can survive that.
But don't you see how also having them will catch up to you eventually? That even if the Devils had kept all of these players for their entire careers (an impossibility, but let's just ignore that for now), they'd still also have nothing?
Niedermayer left in 05 after a year-long lockout. Was Lou supposed to trade him during his Norris Trophy winning season in 04 or after winning the Stanley Cup in 03?
Rafalski and Gomez's final years as Devils before leaving were on a 100+ point team - if the Devils had traded either guy, boards like this would've melted down. Imagine watching a whole season of a good team and then Lou tosses it away for futures. And that team had zero depth at all and nothing in the minors that could help.
Some of the others I won't take issue with, but trades like that can only do so much. To win consistently in this league you have to find elite players and the last time the Devils found one was 2003, and it's hard to find them when you are not drafting in the top 10.
And combine that with giving up draft picks in trades for guys like Martin Skoula, Niclas Hävelid, Ponikarovsky, Tuomo Ruutu etc etc. The future was not planned at all.
The Devils didn't give up a draft pick for Havelid. The first Ponikarovsky trade might be the best low-key deal Lou ever made. But yes, your general point is correct.
I know Lou had a different mind and he was always going for it, but he also could've taken care of the future while still being competitive.
You can see what for example Chicago has done over the past few years. They've traded away big pieces, but they've remained successful because they've acquired good young players to replace them. Same with Pittsburgh.
When did Pittsburgh do this? They took a shot on Justin Schultz and they've gotten some good young players out of their minor league system, but have they really made a major deal to get younger? I guess Perron for Hagelin got them a little younger, but other than that, I don't see it - the Kessel trade made them older for sure. Dealing Jordan Staal made them younger but Derrick Pouliot hasn't done anything in the NHL so far and he's 5 years out from being drafted, so I wouldn't really count that trade as a win - Sutter was flipped for Bonino and Dumolin has been good.
Chicago traded Saad for an older player and a younger player - they flipped the younger player elsewhere, and then they traded Panarin to Columbus to get Saad back. I like Chicago but I would not say that they have successfully traded older for younger - when they flipped Nick Leddy to the Islanders they lost that trade big-time. I don't think they cleaned up on dealing Byfuglien, Ladd, Versteeg, Hjalmarsson, Campbell - yeah, I don't see a lot to like here, in terms of getting younger.
Look at what St.Louis did this past season. They traded a star player like Kevin Shattenkirk while still staying competitive, because they knew they wouldn't be able to keep him. So they acquired future in exchange for him.
St. Louis has Vince Dunn coming through their system and their star players aren't super-old yet. I agree it was a fine trade for them, but it's not like they got a ton - Sanford seems like he'll be okay and a 1st round pick is nice, but the West was pretty weak last season and I'm not sure that was the year to say 'Eh, we can do it next year'. St. Louis is in an odd spot, they've committed a lot of money to some declining players, but they have had 3 1st round picks the last 2 years - I don't know. I don't fully understand what's going on over there.