From the Winnipeg Free Press:

“Coming into this year the goal and expectation was to get into the playoffs and to not get there is disappointing,” said Ladd, minutes after a 4-3 overtime loss to the Tampa Bay Lightning that officially eliminated the Jets from the post-season. “It’s our job to get better and to learn from this and make sure this doesn’t happen next year. In our minds this is a failure. I feel we had the group in here to get into the playoffs. The big picture is long-term and to contend every year… that takes time but that doesn’t make this any easier.”

Pshaw. Good first year anyway. They actually might have hurt themselves by not being bad enough to land a higher draft pick.