Not saying he’s right, but the four added could certainly have dilutive effect. Pie being divided into more pieces.
This is true, and the Big 12 would likely still want it, as it’s much better to have a “P3” setup in which there are no other middle tier conferences than add a few million.
The leftovers of all three conferences benefit from consolidation into one, assuming you make the cut. I’m guessing ESPN does not plan on ISU making that cut if they get the ACC to be the base of a “3rd” conference. They’d take the minimum required for dissolution, focusing on state of Texas, KU, Ok St , Cincinnati, WVU etc