If they wait to be the last kid picked, they likely don't get picked.
Their counterparts at UW and Oregon are actively trying to leave and won't sign a GOR.
The 4 corner schools are more geographically attractive. While Wazzu delivers a decent media draw, Oregon State is the 12th of 12.
Wait to go the way of UConn and South Florida, and until recently, Cincinnati. Or be bold and make a move early.
Also, the SWC is a good example. Everybody knew it was falling apart. I'm sure SMU wishes it had tried to make a pre-emptive move. Again, until recently Houston was in the same boat after 25+ years adrift.