Rumor on a UConn board is that they may try to go independent if D4 happens. One very preliminary theory I've heard floated around is that if there are 80ish D4 schools and a rule that schools can only play down once a year, then you may see a run of schools go independent. The theory is they may be better off with the scheduling flexibility of independence. They would be able to play 6-8 games per year against the P5 getting payoffs or 2-for-1s. In theory, they could form a collective will all the benefits of being in a conference like selling their home game TV inventory together and signing contracts with bowls, but they wouldn't actually be a conference. More money in getting payments to play 4-6 games on the road and having 1-2 P5 foes coming in thru 2-for-1s than playing 7-8 games among themselves in the AAC or MW.