Do you know WHY Notre Dame is able to be on a network by themselves? They are THE SCHOOL for a generation of people, they have a fanbase that sticks with them through everything, even though they haven't won a title in 3 decades. Miami fans started bailing after 2003 in comparison. Even with their advantages, ND is a school that was really close to being screwed in regards to athletics had the ACC not bailed them out by giving their non football sports a place to play once the BE broke up. That's not a place you want to be, because it's impossible to be an independent in all sports.
You realize that NO ONE WATCHES COLLEGE BASEBALL OUTSIDE OF THE CWS, right? That doesn't move the needle for advertisers, so our success in that area meant nothing in regards to revenue, nor did it mean anything in regards to viability of Miami as an athletic department.
Our fans keep confusing the economic vitality of the athletic department with the school and interchanges it as needed, to suit their needs. The ATHLETIC DEPARTMENT was losing money at the time, thanks to the awful Big East revenue sharing arrangement. Keep in mind, UHealth wasn't there to backstop losses like they can now(And even then, it's doubtful that is a permanent arrangement) There's a reason why VT and BC wanted out as well. If you were a school that gave a crap about football and were even moderately successful at it, you were giving a significant chunk of revenue to schools that didn't even try, and in exchange, those schools didn't give you anything in return. The old basketball centric, urban schools saw football as a necessary evil, they didn't play it at a high level and didn't care to. It was a clash that predated Miami joining the conference, hence why Penn State didn't join in the eighties, something the BE brass knew was going to bite them in the *** one day(Which it did).