Essentially, the two most powerful conferences on the planet told everyone else to step aside. They're going to figure out the future of college athletics themselves. They're done waiting for Congressional intervention or NCAA action.
The future of college athletics will be at least influenced -- but probably dictated -- by the SEC and Big Ten. They have most of the money, talent, recruiting, facilities and brands at their disposal.
Just bringing college athletics closer to the brink.
At a certain point, I'm not sure I care anymore.