When has Fred botched a press conference? He always comes off great in them, even when he is distraught! He will do fine and mend some fences. He won't address everything we might want to hear (or at least not in the detail we want to hear), but he will rally Cyclone Nation to move on in his absence.
When has Fred held a press conference when he wasn't the basketball coach? I'll eat my hat if he's able to rally everyone to move on, but for me it's just more salt in the wound.