A few points are missing.
Perception matters, whether you like it or not. Major league, minor league. Big boys, little boys. They have lumped the Big East with CUSA, MWC, SunBelt...The argument has now become, "the Big East is the best conference of the little 5", instead of "the Big East belongs in the power conference".
And the Big East is currently negotiating how much tv is going to pay to televise a conference that is part of the "little 5". Do you think that that matters?
As far as money? The Rose and Champions will split $80 million. For the Champions, each team in the Big 12 will get $4 million if it is prorated equally (I assume the participants will get more dollars so the $4 million will change) (10 teams, $40 million), SEC teams will get $2.85 million. Even after the conference gets its cut, you still have ticket revenues, sponsorships, etc. to further distribute.
Do you realize that SDSU football revenue is $12 million? Memphis' revenue is $12 million. So is SMU's. Houston's revenue is under $10 million. So this one little game will net 24 teams 25% of current NBE schools' football revenue. Somehow this doesn't seem all that trifling.
The concerted effort to put the Big East into the have not's column has paid off. Remember we were told, the AQ is going away for everyone? I guess they meant what said when they said it, but just not the way that we heard it.
The only thing that makes this palatable is that Susan Herbst is a poli sci person at heart. I am sure that she has her private thoughts about the political dynamics of having the CUSA chairman negotiating the fate of the BE conference with John Swofford. We haven't heard any muss or fuss from UConn's side. Which to me, means that in the end, all this won't matter.