But all the teams are in the NFL, so every cut is the same. In your scenario, it would be if a XFL franchise got more viewers than the Browns, and then lamenting why the NFL team gets paid more. It's because of the Cowboys and Patriots, not the eyeballs the Browns bring.
That said, in a completely fair world, switching out Wake for UConn should theoretically involve a small bump in tv revenue (as 70-80% of the contract seems to be football, it wouldn't be a huge bump). And even if not, UConn fits well into the ACC and honestly that is what I would like to see when and if Notre Dame comes in. But until such time, train your ire towards your AAC mates. They are the ones you are subsidizing. Wake has their own sugar daddies, and you aren't one of them.