Sign to a 4 year contract with low buyout. Save next season. Bring in solid recruits. If they don't pan out we're still where we were this year but with more talent than woolly left us. And we've showed we can sustain fan support over a period of time. The coaching pool sucks horribly right now and we might hire a disaster.
So we keep them on After year 3 if we are underachieving, sucking what have you, kick em to the curb and open the piggybanks and go after someone very hard. The coaching pool can't be worse than it is now and likely will be much better.