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PAC4 + MW + SMU & Tulane = PAC18
at least 9 of the 12 MW teams must leave to dissolve the conference and remove exit fees. i don't think they will leave 3 teams hanging and will require PAC to accept all 12.
Right now the MW has a favorable media contract, negotiated near the peak of the market. If they rip up the MW conference, that media deal goes away and this new Pac18 would have to negotiate a new one in a down period for the market. Why would this collection of schools do well?
If Stanford and Cal can't get into a major conference then they may have to get creative with an undersize conference and some kind of scheduling alliance with other leagues to add games.