Yes, if Gillen comes to Siena he will accept a 70% pay cut. That does not mean Siena is sooooo precious he's willing to give up a fortune. It does mean, he's out of VA, ain't gonna make 900K anywhere's and has expressed an interest in finishing his career in a place like LoudonVille. They'll pay him 250K if necessary.
Now, if an A10 school gets to him, things might change.
Do not confuse this issue with football. Football had no support at Siena. Did not pay for itself in any capacity and Siena stunk at football. Frankly, most of the athletic program is lousy but save that for separate discussion.
Just remember, with a good team on the court, Siena can draw. Hell, with a $ienaty team this year they averaged 7k if you count sold seats. I understand in the last month few showed up for a game.