This was definitely the case in the past. But I’m not so sure it is any longer … or at least, to a lesser extent. Practically speaking, ND is not joining either the Big 12 or the ACC. It’s going to be one of the 2 big money conferences if it happens.
i do agree, however, that the college football landscape is changing, and will continue to change over the next several years. Maybe they’re smart to wait and see how it all shakes out.