A couple of things:
UConn potentially joining the Big 12 prior to the ACC's Collapse next decade is huge. You would go from just another school fighting to get picked, to part of the group doing the picking. 30 million dollars is a drop in the bucket to pay The Big East if you could potentially make 200-300 million dollars more over the next decade by being in The Big 12.
If Arizona, and Arizona State follow Colorado out the door, suddenly you have a 16-team conference with distinct divisions that can be rotated.
West- BYU, UA, ASU, Colorado
Texas- TTU, TCU, BU, UH
Plains- KU, KSU, ISU, OSU
East- Cincy, WVU, UConn, UCF
Most important of all The ConFlict can be resurrected as a season ending rivalry game. If there is any justice in this world Crazy Bob would be on hand to present the trophy to the winning side upon its return to college football glory.