Bah, all this new conference talk is nonsense. This conference would be so second rate compared to the new superconferences it wouldn't even be funny. We would be the Mountain West of the Midwest. Eventually, we would get shut out of the BCS or the playoff or whatever it is that gets setup, and the gap between us and the other schools would grow. We have three options now as I see them. Save the Big 12 with OU and UT, join the B1G, or die as an AD. The backup plan to merge with the Big East seems to be off the table, as it doesn't look like there is going to be much of a Big East left.
You're assuming the superconferences work.