He is also 64 years old...I think his son is a CFB coach some place. Might as well coach at IU for a few more years, bring your son on staff and pass it off to him.
That is what I do if I am Cig.
I coach 3 more seasons at IU, win another 25+ games, "retire" and make sure my kid gets the job. So that he can sign a fat 6 year contract at 8 million a year.
IU fans, while horrible when it comes to basketball, are probably pretty amazing when it comes to football. Considering they have averaged only 4 wins a year over the last 30 years. They will be happy with anything that doesn't look like the past.