You are right. But I'm not sure those schools were ever invited to join the Big 10 anyway. And looking back on it all, the way things are right now it doesn't seem like those schools are any worse off than they were before all of the mad scramble for money & conference realignment took place. Just looking at football anyway, Iowa State, Kansas, K-State will probably all have more players drafted than we will and those schools have had more success-- albeit in a "smaller pond". Those three schools are making less money, but spending less money while playing an easier schedule. NU is making a lot more and spending a lot more while playing a tougher schedule.
I thought NU moving to the Big 10 was the right move, but all along I've suspected that it would hurt our chances to contend for a national title. But I didn't think that the bottom would fall out.