John Fox is a very safe hire. He is someone who can get this team to a respectable place, get to the playoffs, win some games here and there.
The thing is, Fox isn't someone that isn't going to get Pace fired, and is a veteran coach who Pace can lean on as he grows into his role and expands his power within Halas Hall. He's Doug Collins. A safe point A to Point B hire.
Which right now, is ok. Because it could be damaging with a lot of unproven coordinators out there that don't exactly set the world on fire, picking the wrong one could land Pace out of a job.
Hiring Fox, if they do it, is a smart move for Pace and the team long term, because you have a head coach who will leave the team better than he found it, and that will allow Pace to really make a power move at the right time for the right guy, when that time is right.
John Fox isn't exciting, but if hired, he's respectable, and if Pace ends up being a very good one, he can make John Fox look damn good if they find the right quarterback.