You guys do need to think about some other factors. The Indy route is okay. You will schedule typically 8-9 G5 games 1 FCS and 2-3 P5 games per year. So really with a regional conference you would still be able to do the same scheduling with keeping cost down. You would also be able to dramatically improve you Olympic sports conference. Playing those teams regularly in basketball would help attendance. Football would look something like this...

@UVA
Norfolk St
Miss St
@Ga South
App St
@FIU
Marshall
@ WKU
@ MTSU
CCU
@ BYU
ODU