I read or heard somewhere (YRHT?) recently that Tulane University (infamous for cutting engineering programs while being the biggest university in a city nearly destroyed by an engineering failure) was going to spend $100 million+ on football expansion for their woeful CUSA team.
There is only one scenario where such a move comes close to making sense. One.
For some reason, they think the SEC is going to expand, and invite them to re-join the conference.