One thing I learned throughout the conference expansion madness was that it was incredibly reactionary. Look no further than what the B12 did by inviting West Virginia over Louisville. That made zero sense on just about every level, but at that specific moment in time when the music stopped and a chair had to be sat in, WVU was ranked in the top 10 and UL was in year 4 of their post-Petrino malaise. So the B12 passed on a school that was dying to join, was investing heavily in athletics, and was 400 miles closer to the conference center, because WVU was more of a "football school" for 6 weeks that fall.
Point being that while I don't disagree with your assessment of programs historically, there was a lot of real-time decision making that either didn't take that into account, or was using completely different criteria (see: B1G adding Rutgers and Maryland).
I know my alternate universe scenario for UConn is a total stretch, at best.