We can compete as early as 2019 with the right moves and a little bit of luck.
2018
Fire AV
buyout Brendan Smith
DRAFT DAY
Mats Zuccarello + Jimmy Vesey + 26th overall (BOS) to FLA for Henrik Borgstrom + 14th overall
Kevin Hayes + Alex Georgiev + Brandon Crawley for Darnell Nurse + Pontus Aberg
Drafting
#3 - Filip Zadina
#14 - Bode Wilde
#31 - Benoit-Oliver Giroux
#34 - K'Andre Miller
#52 - David Gustafsson
Swing for the fences in late rounds.
UFA/RFA
Ilya Kovalchuk - 3 years, $4m AAV
Derek Ryan - 2 years, $2m AAV
Ryan Spooner - 2 years, $3.8m AAV
Vladislav Namestnikov - 2 years, $3.75m AAV
Brady Skjei - 5 years, $4.5m AAV
Paul Carey - 2 years, $1m AAV
Rob O'Gara - 1 year, $800k
John Gilmour - 2 years, $825k
Chris Bigras - 1 year, $800k
Chris Kreider - Mika Zibanejad - Pavel Buchnevich
Filip Chytil - Vladislav Namestnikov - Ilya Kovalchuk
Ryan Spooner - Lias Andersson - Filip Zadina
Vinni Lettieri - Derek Ryan - Jesper Fast
Paul Carey, Matt Beleskey
Brady Skjei - Kevin Shattenkirk
Marc Staal - Tony DeAngelo
John Gilmour - Neal Pionk
Chris Bigras, Rob O'Gara
Trade Spooner/Namestnikov (or both) in either hockey deals or for young players + picks
Sign Gusev in free agency 2019
You will then have a core that consists of an abundance of top 9 talent and strong bottom 6 players.
C: Zibanejad, Chytil, Andersson, Howden, Borgstrom, Ryan, Nieves
RW: Kovalchuk, Buchnevich, Zadina, Fast
LW: Kreider, Gusev, Spooner/Namestnikov, Lettieri
Plus prospects/picks that are not far off (one of those C's is odd man out, plus whatever picks/prospects are added at 2019 TDL/draft)
D: some combination of Skjei, Shattenkirk, DeAngelo, Pionk, Hajek, Lindgren, Rykov, Gilmour, Pionk, Bigras
This rebuild is already further along than most (so far, anyway) and it has quite a ways to go. Tremendous start by Gorton and better than I expected. Will be interesting to see if he gambles on game breaking talent or makes "safe" picks or trades.