ACC picks up Syracuse and Pittsburgh.
UCONN wants in as #15, though chances are the SEC will steal an ACC school opening the door for UCONN.
Pac-12 is reportedly finalizing deal to pick up OU/OSU/Texas/TTech: See here.
That makes the ACC the Eastern Seaboard football conference, the Pac16 the South-by-West Coast Football Conference.
SEC is going to 14 with A&M plus random new member (WVU? Mizzou? FSU?), making it the Gulf States/Southern Football conference.
If the Big Ten follows suit, it'll be Notre Dame plus Big 12 leftovers or Big East leftovers. (I don't foresee them being able to pluck Maryland or some other school out of the ACC now.) This will make the Big Ten the Upper Midwest Football conference. Geographically, it'll make sense. And with the addition of Notre Dame and a Big East school, they'll probably give the West division Wisconsin. Otherwise, Wisconsin will forever be banished to the East...
Remaining conferences will either dissolve or start absorbing geographically relevant members (travel cost concerns).
I'm sad to see this all happen.
But what would make this all worth it are inter-conference non-conference matchups, like the various "hoops challenges" we see in basketball now.
So each weekend could feature two of the former AQ conferences meeting up in a series of games (now that the conference champs will likely meet in a +1 playoff format, a la Triple A baseball, making non-conference games more open to challenges than BCS style points).
I don't know. I doubt that'll happen.
I don't think this will be good for the game...but at least Nebraska isn't on the outside looking in.