Here's the lay of the land as I read the tea leaves. The Big 12 desperately wants to get to 12 teams so it can have a championship game, which it thinks it needs not only for the game revenue but also because that will enhance its champion for the playoff selection process. They would like to take two ACC teams including FSU, and there is reciprocal interest, but ESPN is blocking it: ESPN won't give the Big 12 any money for adding FSU, so the move would dilute their revenue, and FSU would have to pay ACC exit fees too and needs help with it (no Florida state appropriations for that). They courted Notre Dame but lost to the ACC. BYU, the next most desirable candidate, won't play on Sunday's which Big 12 agreements with Fox require, and Fox isn't budging. That leaves Louisville and Cincy which don't excite Texas and Oklahoma. The SEC would like to enter NC and Va with two teams, but they have the same problem raiding the ACC as the Big 12: ESPN is adamantly opposed and they would lose money. The Big Ten and Pac 12 have their own money thanks to networks, so they have a free hand compared to the Big 12 or SEC or ACC, but the Pac 12 is geographically remote from the action and the Big Ten to date has been reluctant to grow beyond the Midwest and has been waiting to see the dominos fall. So the main chess match has been ACC/ESPN pitted against NBE/NBC. NBE teams are essentially up for auction to the highest bidder: - All NBE plus (probably) BYU and Air Force to NBC - UConn/Rutgers to Big Ten or ACC - Louisville/Cincy to Big 12 or ACC ESPN has had great power over the ACC due to its ability to sweeten their below market contract. But ESPN may be running out of money to bribe the ACC with. It's getting close to a tipping point where further ACC expansion costs ESPN more money than it's worth, or else is sufficiently unfavorable to FSU that it provokes departure and/or lawsuit. That means that time is running out on realignment. By next summer conference alignments should be frozen for the next 10-15 years until the TV contracts expire.