“It’s our intention that we would be playing in what they commonly call a 'Power 5' conference sometime in the near future," Holmoe said, but admitted competing against those schools financially as an independent isn’t a sustainable model for BYU.

Holmoe understands being an indepedent may not be a sustainable model, especially pitted against Power Five schools.

“I think that’s probably true,” he said. “There is a divide in the resources.”

As far as getting into a Power-5 conference, the Big-12 doesn't seem to have expansion in its plans now that they can hold a championship game with just ten teams. But Holmoe, who last year said independence was not sustainable in the long term, is still in touch with the Big-12 and is keeping close tabs on the ever-changing situation.

"It is real," Holmoe said of the growing revenue disparity between college football's haves and have-nots. "So to try to compete in every aspect at that level, without having that [financial] support, is hard. I don't think we can do it indefinitely. We are trying to come up with new ideas, new ways, to stay fiscally competitive. And that is something that we work on every day."