Just had a VERY similar convo last night with a significant booster after discussing what's going on regarding Vanier renovations...
There were a couple of names that CONTACTED US for the open basketball position that Currie simply refused to give serious consideration to. The thought is that he wanted a "meek, yes man" for basketball and having cut his teeth in the SEC, realizes that football is the tail that wags the dog. Thus, is willing to let hoops take somewhat of a backseat while we make sure that the cash cow (football) is well fed.

I believed this 100%. Currie thinks he has bigger fish to fry after going through realignment (i.e. need football to be good), and he was spending too much time, effort, and (eventually) money on Frank. Not that I feel this is right or wrong; it just was what it was.
I think that's why he essentially gave oscar Frank's contract and just washed his hands of everything. oscar was his perfect hire: clean, boring, willing to work for cheap, and someone you can just ignore while you focus on raising money and building crap.
I don't necessarily believe that he'll hire a great football coach, but I think he will be much more diligent, consult with better people, and be willing to spend way more money because he knows the importance of it to our university AND his career.
Want a job in the SEC? Knock it out of the park in football. Basketball is a luxury and should be treated as such.*
*Not that I agree with this assessment, but look at how they treat most basketball programs down there...