Let's say some of you get your wish and Danny gets fired this year. Then here is the Wake track record:
* Gaudio gets fired in 3 years after making the NCAA.
* [name redacted] takes over, does a miserable job, and leaves the program talent-depleted after 4 years. Fans put up billboards around town calling for his firing and then roll the quad when he gets fired.
* Manning gets Wake back to the tourney in year 3, develops a first rounder, has his entire starting front court go pro early, then has a miserable year 4, although has a top 15 recruiting class coming in.
How appealing does that situation look to a new coach from a job security perspective. He's getting another year, and he should.
There aren't really any direct parallels because there aren't really many high major programs that have been run as poorly as Wake has been for the last 8 years. Here are some seemingly bad / impatient situations where big coaching upgrades were made:
-NCSU: Gottfried made 4 NCAAT in 6 years. He was forced to make changes to his coaching staff after his first sub 20 win season and then fired before his second sub 20 win season was even over. NCSU was widely bashed in the media (to a much greater extent than Wake was for firing Dino) yet managed to hire a coach who had won 72 games in three years at a program that won 29 games in the three prior years.
-Missouri: Haith was pushed out after three 23+ win seasons, including the best regular season in program history. Kim Anderson was then fired after three seasons. They hired Cuonzo Martin who made the post season in 5 of his 6 seasons at power conference programs.
-Arkansas: Nolan Richardson was fired when he wasn't on track to make the post season after 15 straight appearances (only 2 of those were NIT appearances), including two final 4s and a national championship. Stan Heath was fired after 5 seasons, his teams steadily improved over the first 4 before a slight setback in the 5th (still won 21 games and made the NCAAT). John Pelphrey was fired after 4 seasons, 3 of which included 7 or more conference wins. They hired Mike Anderson who averaged over 25 wins in his last three years at Missouri.
-Mississippi State: Rick Stansbury averaged 21 wins over 14 years and had only missed the post season 3 times when he was fired. Rick Ray was only given 3 years and doubled his conference wins in his 3rd season. They hired Ben Howland, who really needs no introduction.
-TCU: Jim Christian was fired after 4 seasons. In his 4th, they went 0.500 in conference for the first time in 7 seasons. Trent Johnson was also fired after 4 seasons. They hired Jamie Dixon, who also really needs no introduction
-LSU: John Brady was fired less than 2 years after making the final 4 and winning the SEC. Trent Johnson was fired after 4 seasons, including 2 post season appearances and a SEC championship. His 2nd and 3rd seasons were bad, but the program improved by 7 wins in his 4th season. Not enough. Johnny Jones was then fired in his 5th season, his only season without a 0.500 or better conference record. They hired Will Wade, who turned around Chattanooga (40 wins in his 2 years, compared to 24 in the 2 prior) and won 51 games in 2 years at VCU.
-Virginia Tech: In the 17 seasons before Seth Greenburg, VT made the post-season twice. Greenburg did it 5 times in 9 years. They replaced him with James Johnson who they then fired after two seasons. They hired Buzz Williams, who averaged 23 wins at Marquette.
Yes, some of those programs had a downgrade along the journey, but usually only when they "got greedy" with a very short leash for a coach who was still winning games (e.g. similar to Missouri w/ Haith or Wake w/ Dino). We already took our medicine for being impatient with Dino.
I am actually in favor of giving Danny another year, but your argument is bad. Wake is an ACC program with a top notch, dedicated basketball facility under-construction and greater resources for salary than in years past (given new ACC TV revenue, lack of a Grobe buyout, presumably much better football revenues, and probably marginally better basketball revenues). No candidate is going to turn that down because we fired a guy who won 13 games or fewer in three of his four seasons, even if he did make the tournament as an 11 seed in the other season.
ETA: forgot Virginia Tech.