Leath's metric isn't whether or not Gus wins football games. His metric is the impact of his decisions on the university. The present situation looks like he made a very poor, hasty decision that will ultimately result in large reductions in revenue to AU for half a decade or more. Remember, the academic side benefits when athletics (i.e. the football team) does well, so it's not just about football.
Were your degrees not accredited by some organization/institution directly related to your major field of study? Those accreditations are what matter, not SACS.