I believe USF will go to a different conference, but that discussion is ongoing in a different thread I think...
Just for fun, though, saying USF has gotten "passed" by other schools implies that USF was ahead of those schools at some point. You can definitely say USF is currently getting left behind, but we are still in the race and haven't hit the wall yet. And, anyway, USF will always be #1 in our hearts, right?