Of course, you put your feelers out to Billy D and Rick Pitino. If their circumstances are such that they want to come, you give them whatever $ they want. But, it's unlikely to go anywhere.
You target Jeff Capel first, IMO. A young coach who has succeeded in a big conference, has gotten a #1 NBA draft pick before, has recruited well, might very well be looking to come to the east coast, and has the coaching pedigree.
If you can't get him, you figure out if there is anyone else like him in college basketball (I can't think of one off the top of my head).
If that doesn't work you move to a group of guys including VERY successful mid major coaches (more than 1 seasons) like Fran McCaffrey, Brian Gregory, etc. AND middle-aged coaches in major conferences who have won before, recruited before, and might be able to do better recruiting to NYC like Seth Greenberg, Steve Alford. Paul hewitt is interesting bc he couldn't possibly recruit any better, and he has made a Final Four, but he also makes the tourney only 1 out of 2 years on average. He's a safe double/triple...if that's who we go with, I'm cool with it, but might be better to take somewhat of a chance on a guy who has a higher ceiling.
If NONE of those work to your liking, then you target the up and coming coaches who have showed you something like Steve Donahue, Kevin Willard, Chris Mooney, Mike Rice, etc.
Any of the above named individuals would be MUCH MUCH MUCH better than Norm. This is how it should have gone down last time. Let's hope Monasch can provide more direction than the committee could in 2004.