I don't think it would take much at all to get him here. Personally I believe that besides Urban Meyer, Leach is the best coach not currently coaching right now. He has coached at Kentucky before and openly talks about how much he loves Lexington. There are a number of public groups and news bloggers pushing for the Leach to UK movement.
That assumes that we currently play anything that's exciting. It's about as fun as a root canal.
Word is he submitted his resume to Mitch Barnhart already:
Well, at least you cat fans can look on the bright side....it can't get any worse than it already is
Kentucky is not the only fanbase wanting Mike Leach. Ole Miss fans want him too. May the highest bidder win.
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If those programs are the only two going after him, I don't see it ever being a competition. While I am sure money plays a large role, this man is simply just wanting to coach again. With his love for lexington, his wife never forgiving him for leaving, his ties to the college, and public desire to return, I don't think Ole' Miss would ever have a chance.