To me, it just seems like jumping off a ship half submerged to one that's sprung a leak and also starting to take significant water.
I'm not saying you don't stay afloat as long as you can, but I'm saying if I know the other boat is going down too, I just rather hope a full on rescue is on the way and it gets there in time. I don't think this leaky raft is the rescue UConn is looking for....especially if it's true about the Big 12 looking for these schools to accept at or barely above what they're earning now.
It seems OU/UT, etc. are just using these schools for a short term payday until they go on to greener pastures.
You still jump to the leaky raft ASAP to buy yourself more time. That's where UConn is.. looking to buy as much time as possible, hoping for the best. You take whatever better option is available. Don't let perfect be the enemy of better.