First, the league would need a commissioner, get NCAA approval, and establish Private Equity relationships. That takes time. The Big 12 is way ahead on the PE discussions.

Second, that 10 school new league would be entirely located in an already saturated Eastern Time Zone TV window competing against the B1G and SEC. The trend is towards national conferences over multiple time zones to enable match up and time slot maximization. Also, blowing up the ESPN deal would alienate the network who won’t be cooperative with it.

Third, because of all the potential ACC schools for the taking, the B1G, SEC, Big 12, PAC 12, and even AAC have absolutely zero incentive to share playoff access or to recognize the new conference. If UNC is available, the SEC is making a play. Several ACC schools freed know they can get more in the B1G and SEC, so there isn’t incentive to stick together.

Fourth, to dissolve the conference and breakaway from the other 8 will certainly cause liquidation about the legitimacy of the separation. There is a huge amount of uncertainty which means law suits.

The only way the dissolution of the ACC occurs is in a massive agreed upon settlement where 10 or more schools find a landing spot where their position is better off or the same as it is now in the ACC. Those left behind will need to be compensated in some form. If ESPN does not pick up the ACC option, it will want to redeploy properties to other conferences like the Big 12 and ACC.