I would fire Flood at the end of this season and spend 10MM on a new coaching staff. The goal would be to would hire a head coach that has at least some name-recognition among HS players to help us recruit. And I'd look for a head coach that has a proven history - not some up-and-comer unknown quantity.
I don't like the idea of hiring just to "be competitive" w/elite Big Ten teams. Anybody that thinks our fans will be happy with 6-6 seasons just because we're competitive in our losses is being delusional. IMO, in RU's unique situation here in NJ, we need to be able to win 9+ games most seasons in order to build the sort of fanatical following that makes success self-perpetuating.
I don't actually think it's as urgent as some here clearly think, but ultimately, RU needs to shit or get off the pot about the Football and/or Basketball program(s). We need to get serious to enjoy the benefits of big time athletics program. Success breeds success. If we start winning regularly, recruiting and fund-raising will take off.
I have little interest in firing Flood just to hire the typical, average, wishful-thinking coaching staff in the hope that we can keep our losses within single digits. To me, that just cements us in a perpetual state of purgatory.