MUPanther wrote:
If UConn doesn't go to the Big 12, they will come to the Big East.
With all due respect, it may not be as straightforward as that. Below are some excerpts from a very lengthy NY Times article, well worth a read:
Football Drags on UConn’s Power 5 Ambitions - New York Times - March 13, 2016
The financial gap between a Power 5 program and one in the A.A.C. is enormous. Last year, the Southeastern Conference distributed
$31.2 million to its member universities. The A.A.C. distributes
$1.5 million to its members.
UConn was once a proud member of the Big East, the greatest basketball conference ever. Today, eight of the old Big East universities are in the Power 5, including Syracuse, UConn’s former Big East rival, and Rutgers, which mainly competes for the title of America’s worst-run athletic program.
UConn lacks the thing that the Power 5 conferences care most about: big-time football. Its curse is to be a great basketball university in a football-centric world. As Len DeLuca, a former television sports executive, put it, “All discretionary action in college sports is football-related.”
In 2002, UConn decided to upgrade its football program to Division I status from Division I-AA, as it was then called.
This was not a wise decision, but the desire to play in high-profile bowl games like its rivals was irresistible. The Connecticut Legislature spent
$92 million building a football stadium in East Hartford. UConn raised an additional
$45 million to build an indoor practice facility.
The biggest blow to UConn’s athletics came in late 2012, when the A.C.C., needing to replace Maryland after it had also departed for the Big Ten, picked Louisville instead of UConn. Most of the A.C.C.’s presidents wanted UConn, which has a much higher U.S. News ranking than Louisville. But two of the A.C.C.’s most important football programs, Florida State and Clemson, insisted on Louisville, whose football team was ranked 13th that year. Fearing that the two universities might leave the A.C.C., and thus diminish the value of its television contracts, the conference reluctantly opted for Louisville.
It’s fair to say that the Huskies have never really recovered from the rejection they experienced during the conference realignment. In addition, the UConn athletic department faces a big financial hole. As a member of the Big East, the Athletic Department was more or less self-sufficient. Now
it loses around $20 million a year on $70 million in revenue. In effect, the athletic department funds its teams as if they were in a Power 5 conference, but without Power 5 revenue sources.
Susan Herbst, UConn’s president, understands the importance of the Huskies to the state and believes in sports as an important component of university life. But
the state of Connecticut is facing a $900 million budget deficit, and there is a real question about how long Herbst will be able to subsidize the athletic department out of the university’s general budget. It won’t be forever.
One solution — indeed, the most practical solution — would be for UConn to de-emphasize or drop football and rejoin the Big East, which has been reconstituted as a basketball league and includes old Huskies rivals like Georgetown and St. John’s. When it was reformulated, the Big East signed a 12-year, $500 million television contract with Fox. Without the expense of football, UConn athletics could well be back in the black.
But UConn officials resist that idea. The state and a handful of donors have spent a lot of money on football, and they fear angering important constituencies.