Well.... I'm sure you're right, the media reports are wrong.
In any event, let me cut up your food into itty bitty chewable pieces and remind you that the $8 million we made last year in the big east was not due to media distributions. It was largely due to the distributions of the tournament credits earned in the NCAA tournament. They are due to our efforts and not the innate value of the Big East conference.
Again, if you would set the hyperbole aside, you're not entirely wrong. "No one wants to see Pac 12 football" is why it is only worth $.25 on the dollar of what a P4 conference gets. But, it is worth more than any other "G6" conference. If Connecticut can dip its beak in that revenue, joining for football only, without jeopardizing whatever nominal chance they have at going to a P4 conference, and without significant entrance or exit fees, it makes financial sense to do so. Those are big ifs though.