I see your point. I don't know if a Vandy President would come over to hype the sports cause in order to reach the masses, or give posture to support a sports program. It might have been a more self serving cause frankly and different presidents of schools do radio appearances for different reasons, but mostly respond to a request from a close advisor on staff.
Or put another way, I doubt the President(s) had the station on in their office all day to hear another 10 in a row.
It's easy to isolate a hour presidential appearance every now and then from a president a few administrations back and suggest it was good school PR. But just like a real radio station needs more than a strong morning show to succeed, the overall impression of WRVU had so many inconsistencies from well meaning people who did not continue with a real radio career, frankly, that it's hard to translate a basically cult following into a growing program.
Bottom line: Vanderbilt isn't broke by any means. If the powers that be felt the radio station was helping the cause they wouldn't have agreed to dump it. If they were wrong the current team didn't impress the school with their efforts it seems. Otherwise, this has probably been coming for years and now those most affected, too close to see another side of the story, are the most surprised.