As far as I can tell from the San Diego region, (all the way from Gainesville):
SDSU receieved a $5 million anonymous donation to restructure Brady Hoke and his staff's contracts to give a substantial pay-raise and increase the retention package.
Hoke is probably not going to leave the position currently unless the offer comes from college football's blue-bloods. Minnesota would be mostly a side-step in his career. I mean, SDSU will try to pay him ~$1.2-1.7 million annually for the foreseeable future, (if he chooses, he may be SDSU's version of Gary Patterson) until a job like Michigan opens up. Minnesota will pay him... ~$2.5 million for 3 years and then fire him? Hoke would be smart to build SDSU for 1-3 more years and then move on to Michigan, Texas A&M or something along those lines.
Hoke is a former Michigan assistant coach as well from his time with Jack Harbaugh and he has a link to the Schembechler/Carr regime. I imagine that if Michigan keeps Rodriguez for another year, and if Hoke continues to succeed, then he will be considered as a second-tier candidate for Michigan after the 2011 season.
I think that I see it this way:
Miami: Dan Mullen
Michigan: Keep Rodriguez
Minnesota: Gus Malzahn (if he wants to leave the South)
Indiana: maybe Mike Haywood?