ACC isn't going away...they will continue to exist, but it's likely to exist minus multiple founding members. It's not a matter of if, but when.
Personally, I think the B1G and SEC are treading lightly in terms of adding members at the immediate moment. It has less to do with blueblood programs adding value, and more to do with lawsuits. Not only does the SEC and B1G have to contend with conferences, but the "have nots" getting left behind. The schools left behind will most likely see the media revenue take a beating once the blueblood names leave and therefore...well, there will be lawyers. The B1G and SEC don't want the appearance of inducing schools to leave and financially hurting the "have nots". That's why we were quick to hear "Texas and OU approached the SEC" and "USC and UCLA approached the B1G".
The B1G, IMO, won't have USC and UCLA as the lone "West" schools...and there can't be a conference just full of elite programs beating up on each other, and you can't have members flying 2,000 miles every other week to play a game. If you look at where B1G alumni end up moving to, the West Coast has some of the most popular destinations for B1G graduates. Which means eyeballs.
Los Angeles (USC + UCLA), in addition to being the #2 media market, is one of only 5 markets where every member of the B1G has appreciable alumni representation. One of the other five is the San Fran/Oakland/San Jose market, which is the #6 media market. IMO, Stanford and Cal are in play...BOTH schools are also AAU members. Doesn't mean both will get a B1G bid, but one of the two are likely to get a bid. Seattle (UWashington), the #7 media market, is also home to a large contingent of B1G alumni. Washington is also an AAU member.
The interesting case here is Oregon. Although not in a big media market (Portland ranks #21), and not a poplular destination for B1G alumni, what Oregon does is command eyeballs. Oregon vs Ohio State was the most popular college matchup on the West Coast last year:
The regular season is complete, the data has been compiled, and the eyeballs have been counted. The Pac-12 performed exactly as well in the TV ratings game as you’d expect: Not markedly bette…
www.mercurynews.com
From that list, you can see that Oregon is a popular team on the West Coast and throughout the nation in terms of an attractive matchup that commands eyeballs. Oh, and Oregon is also an AAU member.
If you got a little further, Oregon is one of the most popular "brands" not just among fans, but recruits.
College Football HQ
www.si.com
Now more than ever, social media is instrumental towards achieving success in college athletics. Here are the programs that have excelled at leveraging social media to build their brands.
athleticdirectoru.com
There's also the Phil Knight/Nike factor. He's a well known supporter of both Oregon and Stanford. There a lot of chit chat that Phil Knight wants those programs in either the B1G (Oregon/Stanford) or SEC (Oregon). Given the clout of Phil Knight/Nike and popularity/media resume of both Oregon and Stanford, both of those schools will probably end up in the Super 2 conferences.
Altogether, I don't see how the B1G doesn't take at least 2 (or more) other teams from the PAC 12. There's a case that Oregon may just be a valuable enough brand on their own to command a bid (similar to what Oklahoma is...not a big TV market or many "home" conference alumni, but brand recognition is extremely high and popular).
I would bet a good steak dinner that the B1G takes at least 2 or more teams from the West before it's all said and done.