Miami has gobs of money. They just dont want football to outshine Donna's vast achievements of being a pretty good school that no one takes seriously as an "academic stalwart"
What people consistently and continuously fail to understand is that just because Miami has a $900 million endowment and receives numerous donations every year, those funds can only be used for their donated/intended purpose. Just because Miami has "gobs" of money, doesn't mean that the athletic department has gobs of money.
For example, the athletic department ran at a deficit of almost $2.8 million for the fiscal year ended May 31, 2014 while football ran at a surplus of approximately $1.2 million.
Does this sound like the University has tons of money to buy out Al Golden's contract and hire a new head coach as well?
I'm certain that there are ways that it could be done if the University had the will to do so (which is of course why we're all frustrated) but that's a different topic.