Right or wrong, I am certain there are members of the BoT who genuinely believe that their duty is to support what they believe is in the best interests of university as a whole. This may or may not coincide with what is in the best interest of the athletic dept.
FWIW, I believe that what's in the best for university from a long-term revenue perspective is exactly aligned with what is in the best interests of the football program followed closely by mens basketball. Let's hope that the new Chancellor and AD see it the same way.