they never had the base to do it really....remember Villanova was ohsoclose to doing this as well. They need to cut the losses and go back to the Big East where their history and fanbase can factor in. It must be some kick in the Nuts for the Huskie fans in Storrs to watch them play the likes of Tulsa and Tulane in a home stretch
Assuming the Big East would even have UConn, there is still the problem of what to do with the football program. There is unlikely to be another conference willing to take UConn FB without their others sports. And UConn FB doesn't have enough panache to try to go independent.
Dropping from FBS to FCS is an expensive choice.
FCS is typically cheaper because you can get away with a smaller stadium. It was ultimately the stadium cost that prevented Villanova from seriously considering the step up. But UConn already built the stadium. FBS or FCS is cost-neutral here.
FCS is also cheaper because you have 23 fewer scholarships. But as I've often repeated on these boards, scholarships are funny money; they are the money the athletic department pays the university to educate student-athletes. But the athletic department pays the full tuition price. It doesn't actually cost the university the full tuition cost to educate an incremental student.
In reality, the total cost difference FCS and FBS (excluding the facility costs that UConn already spent) is only about $500K to $1MM per year. But the drop to FCS also comes with a huge loss in revenue in terms of ticket sales, conference money (both TV and bowl shares), and the ability to charge more for bought games. That loss in revenue easily exceeds the increased cost. (Just on ticket sales alone, UConn would take a huge hit in lost revenue. Last year, UConn has atrocious attendance of about 20.3K. But that is still much better than the 9.6K they had in their last year of D1AA or the 10.7K UMass saw last year. If UConn drops to FCS and their attendance drops to 12K, that will cost them more than $1.4 million just in ticket sales, assuming no drop in ticket prices. If ticket prices drop with a move to FCS it costs UConn even more --- UConn's cheapest season ticket is currently $28 per game & UMass's most expensive is $20.)
The idea that a school can save money (after they have invested in facilities) by dropping from FBS to FCS is a myth.