The hoops only catholic schools (Georgetown, Providence, St John's, Seton Hall, Villanova, Marquette, DePaul, plus Temple who joins next year) have talked quietly about breaking off, but the hang up is that they want the rights to the Big East name and the contract with MSG for the Big East Tournament.
Whatever this sham of a football league has become should just give up the Big East name to the basketball schools to preserve what little tradition remains in the name. There was never any tradition involved on the football side anyway, and whatever did exist is gone now.
Those eight should get the name, the tournament, and cut their own TV deal.