I think that BYU would definitely consider an offer and likely would say yes if it allowed similar provisions for BYU-TV coverage. Just the feeling I got from TH when he mentioned the subject of conference realignment in his talk.
On the other hand, we were sitting with a BYU-TV guy and he was telling us all how our coverage will be better than any other school. No one else will have the facilities or a cable channel that will work like BYU-TV. Our non-profit educational channel will get better coverage than any For-profit regional cable channel like the longhorn network. He said we are light years ahead of them.