But is it his choice to "sit on his hands" for 3 years? What exactly could he have done over the past couple of years? Our roster is a collective pile of crap that no team wants a part of. No one wants the likes of Murphy, Dunleavy or Ford (yes I know he traded for Ford, but overall that was still a good deal). We've had no money to sign anyone. He's been in about as bad a situation as a GM can be. I seriously doubt he feels that sitting on his hands for 3 years is the ideal situation, it's just that he doesn't have any other choice. His only card to play was to wait for these contracts to expire.
The reason he has been in such a bad position over the last 2 years is because of the series of bad moves made over the past 10 years. Now it's fine and understandable if one wants to give him blame for some of those. I just happen to place quite a bit more on Walsh given that most of the problem childs were brought to Indy pre-2003.
The last true asset he had was Jermaine O'Neal. I think we can all agree that he got a pretty good deal for him. In the two years since then he's had absolutely nothing to work with. Only now does he finally have some chips with these expiring contracts.