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It's a plausible outcome - especially since it lets ND remain independent in FB (which I think remains their sole objective).This is probably my dream scenario, we don’t have to leave the big east which we all love as a basketball conference, and we gain a decent and consistent football schedule. We also could possibly have yearly matchups with duke on the hardwood which would be good for visibility and recruiting. I don’t know how realistic something like this would ever be.
Eighteen basketball schools under the Big East brand - a powerhouse league and tourney at MSG.
The football-playing schools could have a football-specific conference called the Atlantic Coast Conference - all football money from that conference is segregated from the Big East. Add a few other schools to the football conference - Army, Navy, Temple, USF, James Madison, ECU (e.g., schools "in-footprint") - and as long as it has access to a playoff spot (even if the access is shared with ND) it could thrive.