The finding fault with UNC, Clemson, Miami, FSU, etc. media valuation is logical if one looks at current ACC media rights per school. But what makes those 4 ACC schools any different than UCLA, Oregon & Washington? On face (Pac12 financials) they don't bring the Big10 $75-$100M annually.But at some point, adding new schools does not bring in the revenue that allows the pie to keep growing. ND would be a money maker, who other than ND adds enough revenue to either the B10 or SEC that insures the schools in the conference do not take a cut in what they are currently making? Is Clemson, Miami, FSU, Virginia or some other school bring in $75 yo $100 million per year on the TV deal?
If the B12 and ACC can't be competitive on the field and money wise, then what is the point of playing football? Would most not be better off scaling back their football teams and pushing all the money into basketball or some other sport? I can't speak for others, but if ISU is left out of this and the B10 and SEC break away, I am not going to pick a new team to follow in one of those leagues, just like many others won't.
the idea that by breaking away with 40 teams is going to cause everyone across the country to become fans of these teams because it happens in the NFL is very short sighted and most likely will fail. The money for media revenue will drop as half the country is left out of the big boy league.
But the Big 10 lives by the NFL playbook, add schools/fan bases in populous states/large media markets. And the SEC isn't going to standby.
Why should the Big12/ACC continue to play football? Because we've played football for 100 years!! The Big12/ACC can put a product on the field that is very competitive and their fans will enjoy. The Big12/ACC will just adhere to a more traditional model where athletes get an academic scholarship and can hire an agency to source NIL.
ISU and every other athletic department are not churning out money to their universities general fund. So why does it matter if revenues are $200M, $125M or $75M?
University of Chicago is still an elite university 75 years after leaving the Big 10. Villanova does well as a university with a FCS football team. And Creighton has flourished without a football team.
And I 100% agree that alumni of Big12/ACC schools aren't going to adopt new Big10/SEC teams just because they play at a higher level. There's always the NFL, Netflix, hiking or a good book if Big12 football doesn't fulfill your college football fix.