That could be the Big East's position. They seem to have a pretty cozy/tight knit group of private schools...sans UConn. But as much as schools seem to chase the dollar, they'd probably let them in if adding Memphis increased the media offer where ALL the schools get a fatter check.
I found this part of the article interesting. I'm sure Texas State alum George Strait could come up with the exit fee so I don't see that as a big issue. But taking less than a full share to begin with seems to be one.
"The exit fee looms as a significant motivator, as Texas State would join to start the 2026 season.
What would an offer look like? Well, Damphousse's social media hinted at the expectations of that again. In April, he tweeted about his love of lobster bisque: "People sometimes think that I'd be happy with half a bowl of soup. After all, a cup of soup is better than no soup at all. But for me, it's a full bowl or nothing."
That line was in response to speculation that Texas State would go to the Pac-12 for part of a media share. It appears Damphousse desires a full one."