Dana O'Neil, formerly of ESPN and now with The Athletic, has a positive take (written from the perspective of men's basketball):
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O’Neil: UConn is going home, and the Big East will be better for it
There is a delicious irony alive here today, a beautiful one if you’re a basketball fan. Throughout the mayhem of conference realignment, the sport got dragged around like an annoying sibling, left to float whichever way the fickle winds of football’s fate chose to blow. Remember when Kansas —...theathletic.com
For UConn, this is the ultimate rescue operation, the offer saving the university from itself. Snookered by the lure of a Fiesta Bowl bid in 2011, the basketball-proud institution decided to become a football school — except not a very good one — and found itself standing on the fault line of the conference realignment tectonic plate. The highs of that bowl-bid season have slowly eroded into one low followed by another, the school tethered to a stadium that sits 25 miles from campus and nearly empty on most fall Saturdays. In the meantime, the basketball program, built on storied rivalries with Georgetown and Villanova, was pushed out of its natural fit and into forced marriages with the likes of Tulsa, Houston and Tulane. Not surprisingly, it hasn’t gone well.
Not so much storied rivalries with Gt and Villanova as Cuse,Wv, Pitt etc.
20 games won’t leave us much room to play teams other than the Big East.

Several of them expressed very little faith in the administration to do the right thing.
... The sentence you responded to was about competition, not revenue. Many football folks think a move to the NBE hurts all sports competitively, because it hurts football competitively. That's not true. Only football is severely handicapped by not being in a P5 conference. Also, not even the football folks want to stay in the AAC, they just think it is a better stepping stone to a P5. In our current situation that is no more certain or knowable than a move to the NBE, but I understand them thinking that way.