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It's not the TV contract. We need to play with them in '12 and '13 to keep our BCS berth. We need two new teams for next year so that when they leave, after '13, we have 8 schools who have played at least two years together.
Depite anything they say to their fanbases, Pitt and SU know this, and know they can't be allowed out early.
The fact remains they will still be Big East members when the new TV contract is negotiated. They will be discussed and an option will be on the table for a TV contract including them should they happen to remain in the Big East. In my opinion such a contract would be huge and would rival the PAC 12's recent blockbuster deal. The soonest the ACC could even discuss such a deal would be about 11 years away.