Where does college football realignment stand after USC and UCLA shocked the world?

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Where does college football realignment stand after USC and UCLA shocked the world?
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USC and UCLA shocked the world when they announced they'd be leaving the Pac-12 for the Big Ten. So ... what happens now? DanWolken examines:

Is there an athletic department that would essentially be willing to operate as revenue neutral for perhaps five years or more until being made whole as a Big Ten or SEC member? It’s not inconceivable, but it’s difficult — unless the ACC completely dissolves, which also seems unlikely.

Reports last week that the Big 12 was in intense discussions to invite several Pac-12 schools were overblown, but it’s certainly something being studied by new commissioner Brett Yormark. Adding Colorado, Utah, Arizona and Arizona State, for instance, would make geographic sense and give the league some added pop as it enters its own round of television negotiations in a post-Oklahoma and Texas world.

This much is clear: If the CFP continues beyond 2025 — whether it’s four, eight or 12 teams — the SEC and Big Ten will be dictating the terms of engagement. Automatic bids for conference winners? Almost certainly off the table. Equal revenue shares? Ha.

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