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That's ridiculous. Really. The company they want to keep is NYC, Washington DC, Philly, Chicago, etc. Being in Dallas and Houston doesn't hurt either. Are you telling me that they want to go to the Big12 with their Olympic-only's in order to play TCU, Baylor, Iowa State, etc.?? Right now, they still get to play against UConn, Ville, Georgetown, Nova, St. Johns, Marquette, Cincy, etc. And Memphis in a non-football capacity is not bad for ND either.
All this talk about ND to the ACC was about them wanting to keep their eastern ties. Now, all of the sudden, they're willing to forsake the east coast for a non-football move?? I'll believe it when I see it...
Remember we're talking non-football sports only. For basketball, the Big East is still attractive, but it's lost some ground to other conferences with Syracuse, Pitt, and WVU leaving. For other sports, travel costs matter more than markets. The Big 12 is now better for that than a trans-continental new Big East. The Big 10 would be even better.
If they really want eastern markets, they could negotiate to bring UConn, Rutgers, and Virginia into the Big 10 with them. Penn State and Rutgers would bring Philly, Rutgers and UConn NYC, UVa would get a good part of DC.