Ultimately Treliving is the architect of this team so the buck stops there.
The "cheap owners" tidbits we hear about here are not an excuse either. It's Treliving's job to convince the owners to spend. If they capped him, that's on him because they probably don't trust his judgement.
All that said, I would be willing to keep him on, but keep a short leash on him. Build a plan and stick to it. No more bargain hunting for the sake of making deals. I feel like he did not put enough focus on what's really needed while he is on just about every FA from college and very active otherwise/
Early on he said he wanted to build a big and tough team and the team needed a starting G. He failed on both fronts and to make things worse, he kept wasting $$$, time and development opportunities on half measures.
Need a starting goalie for long term? Don't sign other team's cast offs or KHL "gems" and try to kick the can down the road. Focus and pay up for what you really want.
Need big and tough wingers? Do not waste time and money on Spencer Foo or Austin Czarnik. These are such long shots and even if they somehow are good enough to play limited minutes on the team, it is not what you really needed in the first place.
Treliving has been a very busy GM, but a lot of his moves seemed to be shots in the dark with no real plan to follow.
So in short, make a plan to build a team with an identity or an attribute that you want the team to be know for and work towards it. Open the wallet and spend on actual difference makers.
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