For those wishing for Fred to say something, what the hell do you think he is going to say? There is nothing he can say short of "I signed a lifetime extension, with a $5,000,000 NBA buyout" that would please those that are saying they are losing respect and the like. He owes us nothing.
If I was a big donor and could call JP, I would say, you have my money if you can get Fred to stay long term, Big NBA buyout and pay him the moon. He means that much to ISU, ISU has to put that on the table. It is Fred's choice if he signs it or not. But it will let the big boosters know if he is in it long term or not. And if he doesn't sign it this year, but decides to stay, I would do the same thing next year. All ISU can do is make him feel like he is appreciated, and the only way they can do that is keep offering the godfather offer. Until he signs, everyone involved will know he may be gone and can plan accordingly.