They also have failed to make the field of 64 two straight years. All the things you mentioned are because of their administration putting its support and money behind the basketball program. Big recruiting budget and built a brand new arena where fan experience is a priority (Hence that is where the casual fan goes). Also dont have to compete with a football team since they dont have one. Have roughly 3,000 less seats to sell. If this argument is about administrations you may have a point, if it's about coaches you do not.
They still have to compete with our football team and the Bengals and the Reds, etc. for the entertainment dollar. They still have to compete with HDTVs. That arena helped once they started making a splash in the NCAA and got the fans energized. Our arena would be just fine if we got the fans riled up again. They play a much more entertaining and offensive style of ball and they recruit athletes that can play it. It's Mick's choice to play and recruit the way he does, and that is a lot of his problem.