Hurney screwed the cap, no denying that. I just don't think that can be a fix all excuse for Dave. It's his job to fix it while fielding a competitive team. Not easy to do, but it is his job. I think the way he deals with players rubs them the wrong way, and he under values guys that he doesn't realize he needs.
If that is true that could be a problem. While it is important to take an all buisness approach, the GM still needs to know how to identify the value in guys and make them feel wanted on this team.