Joy passes along word that the ACC plan is now to just take Miami and, in a bizarre reversal, just Virginia Tech, to create an eleven-team conference. Presumably they’re still looking for a twelfth so they can have a championship game, although maybe they’re just hoping that some of that “11-team cachet” will accrue to them from the Grande Onze (a.k.a. Big Ten), which seems most unlikely. (It’s also a possiblity that the Virginia Tech offer is being made for show, so Virginia’s A.D. can save face with the local politicos, but with no expectation that Tech will accept it.)
If they’re still looking for a #12, my guess is that the contenders are: Central Florida, South Carolina (highly unlikely to leave the SEC), Southern Florida, and East Carolina—schools that fit geographically with either legit second-tier football credibility (as is the case for all but USF) or a good shot at credibility due to recruiting ties in talent-rich Florida (UCF and USF—not every high school standout can go to one of the Big Three). With Virginia Tech in the mix, they don’t have to worry about getting anyone else at the top tier, so a later invite for B.C. or Syracuse seems highly unlikely.
Meanwhile, losing both VT and Miami would effectively strip the rump Big East of what few shreds of BCS credibility it would have had with Tech still on-board; they’ll be lucky if they get to keep the guaranteed slot long enough to lure anyone else into the conference with it—and, in any event, the only top-tier team that the rump Big East could attract is Notre Dame, and it doesn’t need the slot (having made its own sweetheart deal with the four BCS bowls). While the Big East may survive in some form, Big East football will almost certainly be history.