I've been reading comments on this board about anti trust or Congressional actions in realignment for more than a decade now (RIP Megathread). Not a damn thing has happened to this point. That tells you all you need to know. It isn't coming. Ever.
The first domino is falling with WSU and OSU. The taxpayers are going to end up on the hook for bailing the OSU athletic department out with their stadium costs that they can’t afford when they go to the MWC. If that starts happening more places there will certainly be more interest. Whether that happens at the federal level or if it is just states that take more control of how their programs are run, I don’t know. But if that were ISU and the state had to take over a $160m budget shortfall, what do you think the reaction would be?