I dont think the AAC buyout (SMU, Memphis, Tulane) is too big of a hurdle for them. Being in a conference with (before any more detractors) Oregon, Stanford, Washington, Arizona etc is worth the money.
Of course, those schools are looking for an exit, but what P5(P3 now) will have them?
When Texas and OU left the Big12, it was seen as the death knell for them. Now they are raiding the P12. This conference realignment stuff is wild, but I dont see how the P12 dies before they add SDSU, Memphis, Tulane, Colorado State, SMU etc.
As it all rolls upward the P12 becomes the AAC, which is the old CUSA, which is the whipping boy of all of this.