Interesting how the 'unconquered territory' includes schools like Wyoming (I-A), Montana St. (I-AA), Montana (I-AA), North Dakata St. (I-AA) which might have had better football seasons over the past 4 years than Tulane and Memphis.
Actually, is there an issue with adding Wyoming to the Big East/West? Clearly, we would love to add a 'big name' school like BYU or snatch one from another conference. But, since snatching a big name from somewhere else out west isn't likely, lets assume the best of the rest.
Wyoming is a smaller school (~14,000 students) and as you can imagine it is in a small town/TV market. But, would it also add the entire state to the TV deal? It is the oldest and largest university in the state. The population of Wyoming (~600,000) is more than New Orleans by itself (~360,000) and about the same as Las Vegas (~600,000). I have no clue how popular the actual team is.
Anyway, just some more fodder...