Hindsight is 20/20, but Rich waving around the blank check, and then subsequently dropping out was a mistake. IMO, it's hard to say because no one sees their books or know how they cook the books but...even the teams with the worst attendance still make money because of the TV contracts.
Back to the topic, there is no excuse for the continued lack of success for this franchise. Do it with up and coming players, do it with career minor leagues, do it with over the hill MLB'ers, or do it with a combination of all of the above, but start putting winning teams on the field.
This franchise has become so much of a joke, that I wonder if the Pegula's secretly bought them several years back.