I alwys thought it was cable subscribers that mattered in CR, and NYC DMA has a lot of cable boxes or streaming customers. As for paragraph 2, I was being facetious.
What "matters in conference realignment" is kind of a moving target. Different things matter at different times. For the Rutgers moved to the Big Ten what mattered was presents within the NYCDMA, because that allowed the big 10 to get premium first year pricing on the Big Ten network. For conferences without a network that wouldn't matter at all.
The New Haven Hartford DMA is somewhere around the 30th largest in the nation, but that does not include the million people in Fairfield county, plus additional people north of Fairfield County that still is a part of the NYCDMA. If you take a look around, you'll see that is higher than many schools that are already in P* conferences. Keep in mind, too that Connecticut isn't sharing those potential viewers with other colleges, which is not the case for the vast majority of schools. If Subscribers were the be all and end all, we'd be in today. I'm not sure that that is a relevant metric, today, or if it is, it's only as a proxy for total viewers.