The Ivy League and NESCAC circuits have strong support. Ever go to a Wesleyan football game against Williams or Amherst?Agree with everything but the last line. In my opinion New England has not been a 'very strong market for collegiate athletics' for decades. There was a time when Yale regularly sold out the bowl, and HC v BC sold out Fenway every year but that was in the 1950's. It has been a pro sports market for 50 years. UConn caught lighting in a bottle with JC and Geno. They produced programs that were among the best in the country and in GA's the best in the history of the sport. They sold out games regularly, got tons of casual fan interest in CT and some in other parts of the region as well. But even their best years the Sox, Yanks, Mets, Pats, Giants, Jets, Celts, Bruins, etc. were far more important on the NE sports landscape.
Somehow, the state of Connecticut sucks when it comes to endowments. Wesleyan has the 7th highest endowment in the NESCAC.
If UConn ever got into the Big Ten, Connecticut would develop a bandwagon fanbase instantly. And UConn would effectively fill the void left by the NHL.