So, the athletic department you've taken over has just been fleeced by the tune of about $5 million by a corrupt former school president and his corrupt former athletic director, a former football coach, and the other former athletic director that was paid hush money to "go away" to Dallas to shuffle papers at the Big XII headquarters by the aforementioned corrupt former school president so he could replace him with the former athletic director.
You've got a basketball coach that needs a substantial raise and you're trying to fund a $20 million practice facility.
Yeah, I can think of a few reasons you may be wanting to take 300K in annual salary off the books right now, and none of them have to do with greasing the skids to push Frank Martin out the door right now.