This often-repeated claim that Kentucky has been in steep decline in recent years is absolute nonsense. Let's look at the facts:
2017 - A last second shot from the Final Four. Many would argue that game was for the Championship, and Kentucky played it with a horrible and biased official actively working against them.
2018 - A bad game at a bad time ended the year after the Cats made the Sweet 16 (some programs celebrate those, but I agree Kentucky shouldn't.)
2019 - An overtime loss away from the Final Four. A frustrating game against a team that happened to get red hot at the right time, crushing Kansas and UNC-Cheats before the Kentucky game. One chance for a free throw away. It happens in college basketball.
2020 - A team that won the SEC outright by three full games and was ranked 8th in both polls didn't get to make a tourney run because of COVID.
2021 - A disastrous year in one of the most unique and atypical years in NCAA history.
So, that's Kentucky's recent past: Two teams that came a bounce of the ball from the Final Four, another conference champion that didn't get a chance to make a patented Calipari run in five years. That's not a program that has fallen off the cliff.