Eh, I don't know if that is any new news. Big East has been locked out of the traditional power bowls, but IF IT HAS the highest ranked team can play in the 7th bowl. Same as the Mac, Sun Belt, MWC, Conf USA etc.
That news only tells me that the new teams will only come IF the TV contract is worth it, which will depend in part if there are no further defections, which will depend in part.....
The only thing that tells me is that current Big East teams will definitely bolt if offered by another BCS conference....BUT then that is not news either.