He only had ONE year of eligibility. So you are taking a HUGE gamble signing him for one year hoping that he will leead you to some wins.
First, this aint the PAC 10. This is the SEC, defense reigns.
Second, why would you sign him with the hopes of pushing your shittyseason back a single year? Nutt knew his team was going to suck without Masoli. So he thought "Maybe Masoli can Hep me if I make it look like I am heppin him." Wrong, now you went 4-8 and Nutt has a completely inexperienced QB coming in next year. Which means...they will suck again next year, possibly more than this year.
I am not sure of the logic in signing Masoli. If Masoli wanted to come to State instead of Ole Miss, and Mullen took him...I wouldnt be happy about it at all. Not to mention Masoli has zero character and was a thug (just like Newton)
That is my thought about the whole thing.