If I'm an FIU player right now I'm probably a little excited. Not so if I'm alumni, but I'd probably reserve judgement. He should be able to get better recruits than other teams in his league (Sun Belt?), especially at point guard, and he might produce one whole pro in a few years, but even saying that I still think he'll basically fail.
The thing is of course, what does FIU have to lose? They're a losing program so even if he fails he doesn't fail so much more than anyone else and it kinda puts them on the map a little and might attract slightly better coaches in the future even after he's gone
But I hope they didn't pay him money in American dollars or anything