I would love to think that the writing is on the wall regarding the ACC. They are in the danger zone due to the attractiveness of their members and the undervaluation of their TV contract. There is really nothing they can do. If they are taking ESPN to arbitration that is a bad sign for them. They more than likely can't win the fight either. ESPN will argue they are giving them a fair increase relative to the value of their current contract and that the other recently signed conference contracts have little to do with how much the ACC should be compensated. There is absolutely no reason why FSU, Clemson, GTech, and Miami would not jump ship right now. The money is simply too good. There is also no reason why the B12 would be interested in Louisville or BYU if they can pry away those 4 ACC teams.
If this happens the SEC and B!G will certainly move in for the kill picking off UNC, NC State, Maryland, Virginia, and VTech. I could see the B!G taking UNC, Maryland, Virginia, and Duke to keep that old gang together and move into the mid-atlantic region in a big way. NC State and VTech would be headed to the SEC and WF and BC would be SOL. Cuse and Pitt would more than likely never leave the Big East. However doubtful this scenario seems, the money that those schools are leaving on the table by remaining in the ACC could just be too much to overcome.