Portal announcements have already begun for some players/schools....
Sources: Texas Tech WR Micah Hudson to enter transfer portal
Hudson is expected to be one of the most coveted receivers on the transfer market when he officially enters the portal on Dec. 9, the first day of the NCAA's winter transfer window.
https://www.espn.com/college-football/story/_/id/42727311/texas-tech-wide-receiver-micah-hudson-plans-enter-college-football-transfer-portal
Your point may be true, but you do know that UCF is not G5, right? Malzahn hasn't upgraded conferences, although he has gone from a lower-level BXII team to a traditionally top-tier ACC team.
And with Chip Kelly already leaving the HC gig at UCLA to be OC in the same conference, the precedent has already been set for wacky movement.
Regardless, as mentioned in the O.P., Malzahn was probably not going to be the HC at UCF next year no matter how much he wanted to stay.
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