I agree and somewhat disagree with him. I think conferences would try to squeeze out the ISU, KSU, Miss St, WSU types if they thought it could make them a buck, but I also think that's when the major trials and government squeeze starts.
Yeah, ISU got a lot of bad press because of the Big XII almost falling apart. But schools like Washington State, Purdue, Vanderbilt, etc... wouldn't fare any better if their conferences collapsed.