No way these schools sit for 27 months.

Lets see, ND, Rutgers and Louisville owe the Big East at least $10 million each (perhaps double that to get out early). PITT and Syracuse negotiated their buyouts and will pay once they leave on July 1, 2013 ($7 or $8 million a piece to leave a year early?). Not sure whether or not TCU owes the Big East any money. West Virginia already paid $20 million to get out. IF UCONN and/or Cincy were to leave , that is another $10 million each (at least). So, if the basketball only schools stay put with USF and Temple and negotiate the buyouts to occur prior to the new members joining (UCF, Memphis, SMU and Houston) there could be a windfall to the nine schools of at least $75 million or so. That's a ton of cash.

This is one reason to stay in the Big East; plus the branding of the name. Once they get their cash, then disband and start anew with the Big East Conference or Big Apple Conference.