I think no matter how you cut it, St. John's, Georgetown and Villanova will end up standing on their own two feet and everything will turn out just fine. The TV market potential of NYC, Washington DC and Philadelphia are just too strong a draw for these teams to be simply discarded to a scrap heap. Especially considering that sports is the ultimate DVR proof original content for TV (People don't typically like to DVR a game and watch it later if they already know the outcome - so they prefer to watch it live) and there are plenty of TV channels out there that need original programing. If I remember correctly, I think that cable channels have liked showing college basketball because the channels have traditionally paid a relatively cheap price for the rights to broadcast it.