I am not sure what signs you are seeing that the ACC is sinking. Clearly, the ACC is behind in the revenue department, but the conferenceis strong and very stable. Clemson and FSU and UNC are not going away. Neither are we.
Pretty much all media is discussing the dire fate of the ACC...and each of its members. Personally, I think GT will come out well in the end because our two major sports programs are traditionally good to really good with a season or two of elite every decade, we have elite academics, and location in the biggest Southern market makes us very attractive (Caveat being if the B1G doesn't knock on our door, GT could end up in a game of musical chairs). The big question for GT is, how bad will it get for us between now and when the ACC's GOR ends in 2036? Can ACC members find a way to force the ACC to either strengthen our position or let us leave early so the sinking boat doesn't take everyone down?
Like it or not, expansion is on the table. Here are options for each Power Five conference and what could be next for the Football Bowl Subdivision.
www.usatoday.com
As of right now, the ACC's Grant of Rights is just a cement block tied to each member's ankle...eventually, when the revenue gap becomes so wide between the SEC and B1G, the ACC will become just another Big East and the Conference will just drown everyone into the abyss. When 2036 rolls around, and because the ACC has no cards to play or unwillingness to think outside of the box (think ACC - PAC 12/B1G merger), there will a mass exodus and the SEC and B1G will scoop up all of the best brands/schools. 15 years is LONG time and the chasm between the SEC and everyone will grow exponentially during that time. The disparity between the ACC and SEC now will pale in comparison to what will happen in 15 years. In a game of revenue deciding who gets the best facilities, recruits, and coaches, a widening revenue disparity can be a death knell for ACC members.
It's pretty much unanimous that ND is only big card left for the ACC to play...and ND has flat out said they are not joining any conference. In fact, because they are one of the most well known "brands" in college sports, the age of streaming sports will only make them stronger. They actually have a VERY good future because of the potential of streaming. Also, because ND has special treatment when it comes to the playoffs, there is even less reason for them to join a conference. ND is not going to be the ACC's shining white knight coming over the hill to rescue us.
West Virginia does NOTHING for the ACC in terms of adding media revenue. They have awesome fans that travel, but it's a small fan base and their brand is not a top tier one on the level of UNC/Texas/FSU/'Bama/Clemson...brands that move the needle. Trying to get Penn State or any other B1G program to join? LOL...that is NEVER happening. Why would a school from a conference of strength that's currently making $15-20 million a year more than what they could get in the ACC, and projects to make even MORE in the future, leave to join a conference with a questionable future and even more questionable revenue? Let's stop being delusional with that.
IF GT ends up on the short end of it, we will have no one to blame but ourselves. Years of poor strategic planning and decisions is coming back to haunt us. Remember, we were founding members of the SEC...and voluntarily left. B1G gave us an invite during the last round of expansion...and we turned them down. At some point, we need to look in the mirror and ask ourselves what GT really wants to be. Do we want to be in the business of sports, or do we just want to play sports?