Last night was a complete window dressing. Big East football is not going to survive the week.
ND will stay independent. Texas is already staying in the B12. That means ACC is going to pluck UConn and Rutgers.
Then the newly reconstituted B12 is going to make a run at a few BE schools like Louisville, Cincy, WVU to fill out their conference.
I have agreed with all of your posts on this subject, and I agree with this one too, with the exception of WVU. Nobody seems to want WVU because it has no TV market. They would have made sense geographically for either the ACC or the SEC, and neither was interested.
UConn and Rutgers to the ACC makes sense. As of today apparently the PAC-10 does NOT want Oklahoma and Oklahoma State, so the Big !2 appears to remain a shotgun marriage.
One would assume that some teams will splinter off from there (Missouri, T A & M) to go to the SEC or the Big 10, and that would provide an opening for the Big 12 to pick off Louisville and Cincy (as well as TCU, which really has zero reason to join the Big East at this point). South Florida would seem to be a fit for the SEC also.
Bear in mind that at some point the PAC-10 will become a landing spot for teams also.
So that leaves the Big East with this:
Basketball only:
St. Johns
Georgetown
Seton Hall
DePaul
Providence
Marquette
Villanova
Notre Dame
Football/Basketball:
West Virginia
By the way, I don't know if these schools would be entitled to either the Big East name or the automatic bid - apparently the rule is that you have to have had 7 schools play in the same conference for 8 years to have the rights to the name.
Anyway, unless the Big 12 splinters (instead of surviving by taking schools from the BE and elsewhere), this would eliminate the Big East as a football conference, or certainly as a BCS football conference. You have 9 basketball schools, and presumably can find another 1-3 to make a nice conference considering the Philly area (Temple, St. Joe's), New England (URI, UMass, St Bonaventure) and the midwest (Butler, Xavier, Dayton). At the end of the day, though, that conference is really just a glorified A-10.
The best case scenario for the BE is that the Big 12 splits up. If that occurs then the BE could probably pick up four good football/basketball schools, improve its chances of holding on to a couple of existing football/basketball schools beyond WVU (such as Cincy and Louisville), and might actually be a better basketball and football league than it is now.
Keep your fingers crossed and root for dissension in the Big 12.