I'm all for BV. But if Joe C. thinks BV is risky given the absence of HC experience, then he should do this: make a "splash hire" on a hot name like Rhule to mitigate the immediate hemorrhaging -- a hire sufficient to keep the roster together, entice guys from the portal, and keep you competitive. Make the contract like 3 years, but with a very low buyout. You go into the hire knowing it's a de facto interim HC - a guy, like Rhule, who wouldn't commit to OU for a long time. But you buy yourself a season or two to do a more thorough coaching search to locate that guy who would put you in position for sustained success over the long haul. Then once you find that talented coach committed to sustained success, you exercise the cheap buy-out on the guy you just hired.
It may not be an appealing strategy to many, but it may be the best strategy we've got right now to weather the storm. You don't want to lock a bad hire into a 10-year contract having only considered the candidate for 48 hours, and it seems there's a very real risk that could happen here.
EDIT: You could substitute Lane Kiffin for this strategy just as well.
