If we accept the 'best case scenario,' by all means we should move to the Big 12 or some other 'P5" conference. However, the impression here is that we would be getting a FULL share almost immediately from the new conference. To my knowledge, that has not happened to any school that has transferred to a new conference. Rutgers made more money than they had previously, but their deficit grew. They are still only getting about half of the full Big 0 payout.
Chances are we'd be getting roughly half of the Big 12 payout - maybe $15M - and some of that would come at the expense of money we are currently generating that would go into the conference pocket. You have the increased travel costs that has been noted. But the greater level of competition significantly reduces the opportunity to make a men's basketball statement as we have in the Big East (although women's basketball would likely not be affected much). Final Fours would be harder to come by.
And do you seriously think we are going to go 5-7, 6-6, 7-5 in a league with Oklahoma State, Iowa State, Texas Christian, WVU, BYU, not to mention Baylor, UCF, and Cincy (that went to the playoffs a couple years ago)? Even Kansas and K-State would be a major challenge. You can believe that we'll only get better players by affiliation with a more major conference, but there is no guarantee that the Big !2 will even BE a major conference in the next few years. Again, take a look at the reality - what schools that moved to a new conference over the past 20 years are now thriving? Are now in the mix for conference championships - especially in football? BC? Syracuse? Missouri? A&M? Maryland? Rutgers? Colorado?
Don't even get me started on the payouts to the Big East, the entry fees to the new conference - some of which coincides with the payouts from the AAC and Ollie.
Smell the coffee, folks! No matter how much you want to be considered at the same level as Alabama, Georgia, Clemson, Notre Dame, Ohio State, Michigan, that's not who we are. Oh, and that's not who New England is. New England will go bonkers for basketball - always have and always will - but football is not high on the radar. Could we do better? Sure. Mora will have us there soon, I think. But against a decent schedule that gives us a chance at 9-3, 10-2 seasons. One thing you can say about New England. We really LOVE a winner. If we are part of the Big 10, Big 12, AAC (watered down), being a winner in football at least is not in the cards. Being a winner in the bank account isn't either.