I actually think it's one of the top jobs. It depends on perspective. If you want a pressure cooker, with the absolute best chances to win the title, the blue bloods are better. But if you want a school that still provides a chance to win it all in one year when things go right, Texas is a great option.
As someone used to point out on another board that I use to frequent -- Rick Barnes has the easiest job in America.
Pay is very good, city is great, you have relatively good resources and a good brand. You should be able to get good recruits, plus you are in a state that is now pretty fertile for basketball players. You will not recruit at blue blood level, but the conditions are there to have consistently good recruiting classes.
Just look at all the NBA talent Texas has had drafted in the first round the last 10 years - Kevin Durant, Lamarcus Aldridge, TJ Ford, Tristan Thompson, Cory Joseph, DJ Augustin, Jordan Hamilton, Avery Bradley, Damion James.. Then you have second rounders who carved out decent NBA careers (PJ Tucker, Royal Ivey, Daniel Gibson). That is 9 first rounders since 2003, with 3 other players having nice little runs in the NBA.
Not many schools have had more talent pass through its doors. Barnes just has not been good at piecing it all together.
The essentials are there to be pretty good -- and yet the demands are pretty low. Rick Barnes should have been able to accomplish much more with the Texas program. But he hasn't and yet still has a job.
Say Jim Boehiem and Rick Barnes leave Syracuse and Texas tomorrow. I'm not sure that new coach for Syracuse has a big resource advantage over a Texas coach -- perhaps some advantage
If that new Syracuse coach struggles or only has moderate success he will not last long. That may not be the case in Texas. They will be more forgiving.
It's not only Syracuse. While blue bloods / next tier have had some coaches with long tenures, they have also crushed the careers of a few people recently - Matt Doherty, Mike Davis, Billy Gillespie. Even Tubby Smith never had any respect at UK. They would have crushed Rick Barnes as well.