What's everyone's thoughts on Tulane? I think they are in a very interesting position, personally. Probably happy in C-USA, but with the latest realignment developments, who knows? If the Big XII boots Baylor (which seems like a logical possibility), Tulane would seem to be a natural selection, adding the New Orleans/Louisana/Southeast market. But I think the Big XII would expand elsewhere (CSU, Utah, BYU, Air Force, Arkansas) before going to Tulane. Another possibility would be the SEC if the Big XII stole Arkansas or the ACC stole South Carolina. Also, would the ACC consider adding Tulane? It's definitely a stretch, but would give the ACC a new market.
As for a bigger league goes - The football is okay - flies below radar, bowl eligible 4/6 years, 2 bowl wins, 1 ranked finish - needs to improve, but it looks like it is doing just that. Need to improve attendance by at least 50%; need an on-campus basketball arena (for various reasons, one of which is that is a necessity to upgrade the basketball program); really need a new football stadium as they can't make any money out of the superdome unless they draw 50K, which they never will (they get no concessions or parking - these add up to 50-75% of ticket sales). Their geography, while not terrible, is not a plus to the leagues with which they will be compatible. Dr Cowen may be well regarded by a lot of folks and schools, but he is distrusted by just as many folks and schools.
As for their position in c-usa realignment, wherever the southern teams go, they'll be right there. However, unless they get into a high revenue league, their main focus will be on cost cutting - often, that approach ends up cutting your own throat. My guess is that they would be amenable to a new SWC - my further guess is that it would seriously hamper the recruiting and improvement in the football program and other sports, except for baseball.
Yes, I'm a TU fan - just my homer opinion.