Can you think of how embarrassing it would be for UConn to have their biggest home game ever in New Jersey or Massachusetts? I also saw the Yale Bowl suggested above. I think they would rather scrap the football program than play home games at Yale.
When it comes to building programs I think UConn knows what its doing. They've become a top 5 basketball program in the last 20 years and the football program is following a similar trajectory. I have to believe that they want the prestige and excitement that comes with hosting Michigan. Allowing DB to strong arm them into a neutral site would bring them more money, but would be shortsighted considering what their goals are.
Or maybe I'm just hoping they stick to their guns because I have a sweet parking hook up at The Rent!