This all might seem like a losing proposition for BC with our smaller fanbase and smaller revenue streams, but I actually see a role for us. If the Big 5 really close ranks and only play each other, I think it will create a lot more parity. The bigger programs won't be able to pad win totals with cupcakes. That leads to more pressure to win and more coaching turnover. If we can play close to our historical norm, I think we will be much more stable and have our occasional runs of greatness.
Reader Rog raised a question about hockey. The majority of hockey schools are not part of the Big 5. If BC and the hockey Big Ten pay, it might make college hockey awfully lopsided. But hockey is not the priority. It will be football first and then what can they do with March Madness.
The Big 5 doesn't provide lifetime membership, so there is always the chance that BC ends up out of the picture down the road. I will take that chance though since this move removes one more layer of hypocrisy.