Those that make decisions within the Big East decided that they'd like to expand from eight teams to 10.
Who do they want? First and foremost, the TCU Horned Frogs.
The school says they haven't had contact regarding this. I heard another report that they'd be into the idea.
The Frogs have three options.
They can wait, if they want, and maybe a bigger, badder conference decides to expand (Big XII ... currently the Big X?) and jump ship there. However, I really doubt that a major conference really wants to face world beaters like TCU every year. There's a reason Colorado was brought in by the Pac-10.
They can stay in the Mountain West beating up on Colorado State and Wyoming, being in the top 10 every year hoping that some of the big boys in the big-boy conferences stumble enough for them to "sneak" into a BCS Championship game.
Or they go to the Big East.
There, they are automatically BCS bowl eligible. In theory, this means that should they wind up being undefeated -- at least, one of two -- then they will play in the BCS Championship game. Currently, playing in a non-BCS conference is killing them. They get no respect and it's suspected that a one-loss Alabama or even Oklahoma would jump TCU, Boise State or Utah if it came down to it.
The Big East is no patsy. In the past five or so years, they've had West Virginia, Rutgers, Louisville, South Florida, Cincinnati, Pittsburgh and Connecticut made significant noise in the BCS, sometimes vying for the big prize.
With that said, not only is the Big East down (Syracuse has the best record at 6-2), but even in a good year TCU probably still wins that conference.
It's a win-win. TCU gets legit. Big East gets legit, too, they can tap into the Texas recruiting scene and the Dallas-Fort Worth media market. I can't imagine how this doesn't work out.