Two ways to look at it
1. Big 3 aren't going to sit idly by and watch their peers make 30-40mil/year more then them. FSU, Clemson and UNC have invested way too much for that to happen (which makes them signing the GOR extension that much more mind-boggling)
2. We're pretty much all in agreement the three schools getting left out of the 3 major conferences are Wake, BC and Cuse.
Tier 1 being FSU, Clemson and UNC (ND as well)
Tier 2 = UVA and Miami
Tier 3 = NC State, VT, Louisville
Tier 4 = Duke, Pitt, GT
That's not set in stone but an approximate pecking order Tier wise (UNC likely ahead of FSU in pecking order, Miami over UVA, etc. .I just listed the schools no particular order)
So some combo to B1G/SEC of Tier 1 and 2 schools, plus NCS and VT presumedly (assuming for same state, B1G takes 1 and SEC takes other). Issue being you'd have to convince B12 to snag Ville and Tier 4 schools (would they add enough $ to the pie)
Regardless, and I cannot speak for other schools, but FSU will go to court to challenge the GOR within the next few years if they're not out by then. Hopefully it won't come to that, which I don't think it will, and hopefully if it does they won't go at it alone (I'd be even more shocked if that happened).
I'll use the in-state example of UF as an example. At Rutgers, we don't have any instate competition for dollars, athletes, fandom, etc. to the level of FSU-UF (if we ever get consistently good, our peer would be PSU)
Everything with them is a competition. UF has many inherent advantages (older, more established, better school, medical school, more fans, more donors, more centrally located in the state, better conference, etc.)
With all that being said, and having played FB approx. 60 years longer than FSU (too lazy to look it up), they have the same amount of Natty's and Heisman's
When FSU is on its game, they compete with, and generally beat, the Gators. The issue is when FSU isn't on its game, UF, with all of their built-in advantages, can take advantage of FSU's situation, whereas when UF isn't on its game, they can recover quicker due to the built in advantages
Now, throw in a 30-40mil/year difference via TV, add that up year over year, in addition to all of UF FB scholarships being endowed for the past 30 years via Ben Hill Griffin (stadium namesake)
FSU does not have that, thereby taking $ out of athletic budget and putting more pressure on donors who are already stretched out due to not having as many number wise and doctor/lawyer/old money wise), "more donors, more wealthy donors," etc. and you see where the $ difference really starts to highlight itself
Point is they're already playing catch up with their main instate rival. Now throw in Bama, UGA, Tennessee, Auburn, etc., all whom they're competiting for with recruits, etc. and all of whom have had more success then UF recently (esp. Bama and UGA), and it gets even more eye opening
Make no mistake, FSU did this to themselves. Bad leadership, compounded with bad decisions, and compleancey, led to this. The Thrasher-Waldo-Jimbo-Andy Miller fiasco then compounded the issues.
However, I'm confident with President McCullough and Michael Alford leading the charge, things will be fine. The dominoes are starting to fall. And like I've mentioned, you don't built what they have only to see it fall apart. It'll be interesting to see how this all transpires in the not-so-distant future