The ACC's present issues boil down to decisions made LONG ago:
1) 4 schools in the state of North Carolina
1a) The inclusion of Wake Forest
2) NOT adding Penn State in 1990*
* I don't believe there was any real discussion or possibility of Penn State to the ACC -- maybe Penn State to Big East, but not to ACC -- in 1990. Of course in the early 1990s, the brilliant powerful SEC added South Carolina and Arkansas -- Do those sound like s e xy markets?
The ACC HAS executed a strategic vision over the last 20 years, but all their recent moves cannot fix the fundamental problems from the past:
1) Adding Florida State -- duh! (Yet who knew FSU would have some very subpar years from 2003-2012?)
2) Adding Miami was very smart -- who knew that Miami would implode?
3) Adding Virginia Tech was a solid move... but it was "unfortunate" they were the standard bearers for most of the '00s due to FSU and Miami doldrums.
4) Adding Boston College -- doesn't getting a foothold into NEW TERRITORY (New England) sound wise? Unfortunately UConn was not viable at that time, and BC is now just ACC dead weight.
5) Adding Pittsburgh and Syracuse: While not the s e x iest moves, they WERE new territory, Syracuse is the only P5 in New York State, and they served to "complete the footprint"... until Maryland left. (I also believe BC and Pitt were Notre Dame-bait.)
6) Adding Notre Dame as 5/8 football member: A lot of risk, a lot of potential reward. Not a "conservative" move.
7) Louisville -- the subject of this thread.
Losing Maryland hurts, no argument there.
Rutgers is a great financial addition for B1G
already having BTN. I think the notion that Rutgers would have helped
start an ACC network is preposterous.
I would rather have Louisville and Pittsburgh than West Virginia. I don't see WVU as a lifeboat. If the Big XII implodes, WVU will be in the ACC anyway.
I would rather have UConn than BC, Syracuse, Pittsburgh, and Louisville... but I am biased

But UConn is still available...