They still didn't become Portland State. And they had to cobble together a schedule without a conference or dedicated TV partner. If you put Alabama on the CW and CBSN for 2/3 of their games, their viewership is going to drop.
OSU and WSU are also bad examples as I stated before. They were the only two schools left behind last time. If a super league forms, there will be 40-48 schools going together into the 2nd tier. In my opinion, that league would have media rights comparable to the Big 12 at a minimum.
I am all for it. If a league formed that had a strict salary floor/cap and rules on player movement, Iowa State would be better off. I would rather compete against other schools in the same boat than try to keep up in an arms race that is unsustainable. If winning a championship in that league is looked down upon because, "yeah, but you didn't beat Indiana", my response would be that Indiana didn't beat the Seahawks.
In fact, If I were in charge of any of this, I would be proactive and work to get those 40-48 schools to preemptively break away.