Once again, you are showing that you are a bit unfamiliar with how any competent University spends money. I feel as if I have to explain this after any loss or any time someone wants to whine about why this program struggles. By the way, most University Presidents couldn't care less about athletics. Their job revolves around fundraising for the actual institution. The University Presidents that do care about sports are usually working at marginal academic institutions, institutions like Alabama. Guess what? Alabama is known as that kind of school, because it's not the kind of school that has any name recognition outside of the Deep South.
Here goes nothing: SCHOOLS DO NOT, I REPEAT, DO NOT SPEND MONEY OUT OF THEIR ENDOWMENT ON ATHLETICS. SCHOOLS RELY ON INTERESTED ALUMNI/COMMUNITY MEMBERS CALLED BOOSTERS TO FUND THE ATHLETIC DEPARTMENT OUTSIDE OF REVENUE GENERATED FROM TV RIGHTS, APPAREL AND TICKET SALES. The biggest reason why schools don't do it is because a lot of money in the school is there because of earmarked donations. In other words, you can't just spend it on whatever you want. I write a check to the College of Arts and Sciences and the Law School every year, those donations are earmarked, the school can't legally take that money and spend it on a new HC. The same thing applies for the larger donors.
So in other words, despite the University of Miami having a nice sized endowment and by extension the general fund, those funds in the general fund will never be used to fund athletics. Miami has to either grow the donor pool, hope they can find a T.Boone Pickens to singlehandedly sponsor the department, or depend on a talented, forward thinking AD that can maximize the resources that are available. Blake James isn't that kind of leader, that kind of leader doesn't hire Manny Diaz without making a single phone call to a qualified candidate. Miami with a competent HC and staff still loses to Alabama today, but they put up a fight. Miami with a forward thinking AD doesn't allow Manny Diaz to call plays, he forces him to hire a decent DC.