People do need to understand the difference between owning rights and actually producing product. Those big rights contracts are based on football and men's basketball - the WCBB is an afterthought and the big networks aren't really interested in spending money to produce hundreds of WCBB games. They will give away broadcast rights to most of those games to anyone who is willing to shell out money to produce them in return for streaming rights. SNY has done that for a decade, but not any more.
CPTV and then SNY both owned the rights to broadcast and by contract guaranteed to produce the broadcast product. They also went the extra mile to negotiate with other owners of broadcast rights for Uconn games to either broadcast the feed from those other owners locally or produce those games and share their feed. This was necessary initially for any games Uconn played on the road, and then once the AAC sold all rights to WCBB, to all Uconn games.
If/When SNY steps away, will the new rights owners actually spend money to produce a Butler vs. Xavier WCBB game? I doubt it as it would be a commercial loss for them. So maybe they get access to a student produced feed to stream, or they don't offer it at all. And will they spend money to show Uconn at Butler or do we get that same stream, from a fixed location somewhere above the court with two students doing play by play.
This is what the rest of WCBB fans have dealt with for ever. Maybe they get a poor quality broadcast of today's game, maybe they get radio coverage, and occasionally they get a professionally produced game. And I believe Uconn fans have just entered that world.
It appears Uconn has lost complete control of their WCBB product. Their final contract with CPTV included ALL games that Uconn owned the rights to, and an understanding that CPTV would try to produce every game Uconn played. When SNY bought those same rights, Uconn required the same commitments that CPTV had made - to produce everything they could get the rights to. With ESPN/Fox including WCBB into the broadcast package for the AAC/nBE, SNY negotiated hard for broadcast rights with ESPN/Fox giving up the streaming rights in return for the actual production of the games. ESPN/Fox cherry picked a few games to actually produce themselves and were very happy to let SNY pay all the costs and deliver live streaming to them for free for the others.