I've spent half my life renovating. It's not feasible to spend money on a product that the fanbase doesn't utilize. Spend enough to get the thing inhabitable, play your games for 6-8 years, get the fanbase back with a winning coach, hang some banners, and then fundraise the money for a new basketball only arena.
I know some of yall want to be more comfortable in your seats than you want to win basketball games, but give me what Hattiesburg had all day long over the Cajun Dome. Even with 5351 in attendance, that dump in Hattiesburg was incredible. I'd rather ____ty accommodations and hanging banners than being comfortable and losing.