Personally, I would pick the MWC/CUSA. More teams means more Cinderella's. This year it's Boise and Houston, last year Boise and TCU, Utah before that, BYU before them, etc. Who knows from year to year with the smaller schools, so I would have more interest in the 24 team league over the 12 team league. To me, the teams in all 3 conferences are worth about the same now that the Big East has been gutted. I would think either league would be worth between 4 and 4.5 million for 1st and 2nd tier rights, if the leftover Big East teams joined with the MWC and CUSA, I would pay a little more per team to have ALL schools outside of the SEC, ACC, B1G, PAC and Big XII.
Let's say 4.75 to 5 million.