It's all a PR Game.
Look, Timid Timmy supposedly got all whacked out about giving Prince an extension. The only reason to get whacked out is if K-State agrees to a stupid buy out if they want to fire him. Look at the contracts they give Martin and Hill, they have a sliding scale buyout which gets smaller every year into the contract. They'll likely do the same with Prince . . . plus what do you want Krause to say, "I think Ron sucks", that's a strong endorsement from the new AD, not.
If things continue to be crappy for K-State football (and I give it 50% probability that it will continue), and if BK is still saying the same thing 2 years from now, then I'll be right there with you. But I feel pretty comfortable in saying I doubt that will be the case.
But there's absolutely NO reason to get whacked out by anything Krause says now, and no reason to get nutty about the possibility that Prince gets a new contract UNLESS it has a stupid buyout agreement.