You've made some very interesting points, Seneca.
I suspect you're right that Chernak and JK have been very close. When things start to go bad, though it's every man for himself and that has caused some distance between Hobbs and JK and I would imagine some distance between JK and Chernak as well.
I also think that your point that GW has teetered on the edge of downgrading its entire athletic program is probably correct as well. Given the money issues at GW and the nature of the school itself, I have to wonder how sustainable it is to maintain all of the full NCAA sports teams that are required to stay at the Division I level. The answer is probably that if the men's basketball team does well you can justify it and if the men fail you can't justify it.
Dr. Knapp is slowly replacing the old guard - the head of Development and Alumni Affairs Laurel Price was basically just let go - a short time after the announcement that the dhief academic guy Don Lehman was being announced to be retiring net year. Yes, I believe that Knapp will ultimately turn his sight to athletics - he still has the matter of $300 million he has to raise for the new engineering school he has to raise. Then there is Lot 54 that has to be finished. The endowment lost $250 million in the stock market - yeah I think we're in troubling times.
I really hope that los tres amigos can turn it around because you're probably right Seneca - if they don't it might be very easy for Knapp to pull the plug on the whole thing.