I've been to a half dozen games this year and, despite losing, they are a blast to watch. They have 4 impact players (3 starters) under 21 and are a lock to have one of the top 3 picks with a real shot at drafting that kid out of Duke. Beyond 2025, they have at least 1-2 1st round and 4 2nd rounders in the 2026 draft so they have a lot of draft capital to trade when the time comes to go for broke.
So yeah, they are truly at the bottom in terms of wins/losses, but are in fact pretty far along with the rebuild.