As long as the org, the fan base and local media have patience, this has a chance.
But it is going to take time.
If GMSM does what he says he is going to do, build by the draft, draft big guys, focus on the lines (you can't have enough o-lineman was one quote and the draft is the lifeblood of an org was another quote) this is going to be at minimum a 3 year process to become a team that can compete for a playoff spot. So we are looking at 2017 if things break perfect, but probably 2018 to break over .500 again
The important thing is the shift in the Snyder philosophy, which for 15 years has been "win now, get whoever you need right now no matter the cost to win today" which has been a total failure.
The recognition that the 1999-2014 method was not working is step 1 to becoming a team that can actually be competitive