RE: Who belongs in the P5 that isn't already there?
If you look at the last round of realignment, we saw Utah and TCU make the "leap" from the MWC into power conferences. Syracuse, Pittsburgh, Louisville, West Virginia and Rutgers all made "jumps" from a failing power conference (Big East) into another one. Texas A&M, Missouri, Nebraska and Colorado, similarly, made "jumps", but their prior power conference still remained a power conference (Big 12). San Diego State and Boise State made attempted "jumps" but pulled back when the power status of the Big East Football/American Conference was removed.
In the 2005 cycle, Cincinnati, Louisville and USF made "leaps" into the Big East - then what was considered an AQ, or power conference.
In essence, if you look at the figures, only 2-3 programs - maybe - end up getting "called-up". IMO, the realistic candidates are as follows:
UConn - State flagship. Solid academics. Elite basketball program. NYC presence. If Edsall can get football back to being just competitive (not even elite in the AAC), their stock goes up considerably - and they are, arguably, one of the top choices at the moment. While their Northeast location limits options (No PAC or SEC), it will be continued to be mentioned in connection with the ACC, Big 12 and - to a lesser extent - B1G.
Cincinnati - Ohio market. Strong football. Strong basketball. Strong Academics. They have also shown willingness to invest heavily into athletics. B1G will never be an option, but the Big 12 and ACC will be (long-term).
Houston - Athletics has really turned around in recent years, due to large financial commitments to football and basketball. The Big 12, ACC and PAC are possible power conferences that could want the Houston market, which also has strong academics. Unfortunately, politics have kept them out.
Other realistic candidates:
BYU
Colorado State
Memphis
New Mexico
San Diego State
UCF
USF
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