I would. The current regime inherited a team that had gone exactly .500 over the past 3 years. We had all our first round picks in hand. They had some good offensive personnel and defensive for that matter just badly coached. In fact, the team was good enough to get to the playoffs their first season. Sounds like a pretty decent hand to me as far as these things go.
When I think of a bad hand, I think of Hue and Cleveland. Now that's a bad hand.