Hurley turned his focus to owning and breeding thoroughbred race horses after retiring, but lost his stables to foreclosure in 2010. In 2010 he joined his younger brother Dan as a coach for Wagner University and followed him to the University of Rhode Island in March 2012 when Dan was named the school's head basketball coach. He was head coach of the State University at New York at Buffalo men's basketball team for the 2013-14 and 2014-15 seasons, leading the team to its first-ever Mid-American Conference East division title in his first season and then its first NCAA tournament berth in 2015. A few weeks after the 12th-seeded Bulls lost their opening round game, Hurley accepted the head coaching job at Arizona State.
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