I think the Rangers are certainly willing to spend the money and commit the resources to making Hartford better. Davidson has emphasized improving Hartford several times.
Last year was tough. Guys like O'Regan and Lettieri had down years. They were both supposed to be point per game guys and neither came close. Fogarty took a step back. Nieves was his normal self but was also injured (as usual) a good bit.
They were counting on guys like Rykov, who barely played and was average when he did, and Kravtsov/Andersson to really help out. Instead, Andersson pussed out on the team and was sulking and Kravtsov essentially did the same (and when he came back, didn't look ready). Those are big setbacks. And of course not only did they lose their best player, Shesterkin, but later in the year they did the Keane-Gauthier swap and then sent Gautheir directly to the NHL--depleting the defense but also removing one of the best offensive weapons.
There were other things that really hurt them--Fontaine getting injured for the year early really hurt their depth, Meskanen pulling a total no-show and then being released, Hajek coming down and looking awful, etc. Last year was supposed to be a reboot, but things came off the tracks midway through. It was unfortunate. I did think they needed one or two more 4A-level guys, but based on how they lined up on paper at the start of the year, they should have been better. Certainly, I didn't look at the team and think a lack of investment by the Rangers would be what sunk them (and it wasn't--it was just poor performance, either due to coaching, guys not actually being that good, both, whatever).
This year is a different story. They obviously went much younger than normal (like many AHL teams) due to the roster situation with the CHL leagues. The taxi squad hurts the depth, as guys like Kinkaid and Bitetto are probably otherwise in Hartford. I don't think the Rangers anticipated someone like Colin Blackwell spending the whole year in the NHL, either. Some prime Hartford depth is currently in NY. And then making matters even worse, the veterans they did sign like Thompson and Greco have been awful. At least Brodzinksi is working out.
I definitely think they're moving in the right direction. It's possible Knoblauch isn't the right guy for the job, but otherwise I think they're headed the right way. I think a "normal" season next year will provide a better indication of where they really are.