Why would Pitt want to leave the strongest basketball conference in the country?
Why would Pitt want to become the fourth or fith best football team in a conference when they are in the top two or three consideration every year.
What advantage does the Big Ten get from adding Pitt? They don't significantly add to TV revenue, they don't add a major metro population and they don't really expand the footprint of the Big Ten.
Since the conference looks at this from an academic and revenue standpoint, Pitt doesn't significantly add much. Pittsburgh is an NFL city and we already have the best school in Pennsylvania.
I'm still hoping for Texas. It's a pipe dream, but makes the most sense from every standpoint. Academically they are head and shoulders above all other considerations, sans ND. They are a tradition-laden school like Michigan and Wisconsin and they would add a HUGE amount of $$ to the conference in all sports. The additional revenue from the 90-million TV households in TX would more than make up for the added travel expenses the existing conference schools would have in adding Texas to the road schedule.
From a purely sports $$ viewpoint, adding Texas would put the Big Ten right behind if not ahead of the SEC for super conference star power. For BCS thoughts, how about a lineup of Texas, Michigan, PSU and OSU as your top four draws?