Random thoughts ...
- Sanity being heaped upon NIL ... the jury is still out here. What I read/hear is that almost no one (except Jimbo Fisher) is happy with NIL infecting CFB the way it has. I'm confident things will eventually converge towards something more equitable, but ... that may not be for a decade. CFB desperately needs a Commissioner and a professional management team, not the university presidents who have almost no background in sports management or even care.
- Landing in the BIG ... I don't see this happening. Changing conferences is a huge undertaking and if we can't win in the ACC (or at least be competitive), changing conferences will be a distraction. Not only that, Tech doesn't exactly add much. Probably as much as Tulane.
- Downsize ... I don't see this happening at all unless the ACC just implodes. Cliff Ellis, when he was head basketball coach was faced with the same issue at South Alabama and IMPLORED the university leadership not to do so. Ellis argued that "once you go down, you will never climb back." Thankfully, they stuck it out and Ellis promptly lead them to a Sweet 16 run. Combine that with their (at that time) excellent baseball team under Eddie Stanky, and South Alabama had name recognition far beyond the state.
I suppose of the issues you mentioned, the dying alumni is the biggest issue. When I had season tix, everyone in my section was Class of 60, 62, 64, 66, 72, 78, 82 ... etc, etc. Those guys are in their 80's now and have a hard time getting around the stadium. So we can expect them to tail off and ... will the younger alumni pick up the challenge and buy tickets, give money, and hate UGA as much? I suspect not ... but we shall see.
Tulane still has an athletics program after all these years and I can see Tech remaining committed to "fielding" a team. But developing a championship team these days is an order of magnitude tougher. I walked by the new Auburn Indoor Football facility ($90M dollars) and the money is just everywhere. We've never had that level of support and the game is changing faster than we can adjust.
But we aren't the only ones.