Assuming UofL, Cincy, and UConn leave, just make the divisions the football/basketball schools, so the eventual split will just go smoother. (I noticed you included Cincy but not St. Johns)
North
Marquette
DePaul
Georgetown
Providence
St. Johns
Seton Hall
Villanova
South
Memphis
Temple
USF
UCF
Houston
SMU
Tulane