The Big East has a 12 year, $500 million deal with Fox. That's $4.17 million per year per school. Fox has already agreed to increase the contract pro rata for up to two more schools.
http://www.sportsbusinessdaily.com/Daily...t-MWC.aspx
The American is getting $126 million for 6 years from ESPN. That's $1.86 million per year per school (excluding Navy, which has its own deal with CBS).
As an independent, UConn could sell its TV rights separately. If it were able to schedule a reasonable number of quality games, it may be able to get upwards of $1 million per season. BYU gets around $6 million per year.
American members also get an average of around $1.5 million per school from the CFP. Independents, aside from Notre Dame, received $300,000+ per school from the CFP.
The American currently receives a higher payment from the NCAA Tournament fund, but that is based largely on residual payments from former Big East members like Syracuse and Louisville. Going forward past 2018, the Big East figure to make more than the AAC based on recent tournament performance. UConn has been the biggest contributor to the AAC's NCAA Tournament Credits its split with the Big East.
Bottom line, UConn would make more combined from TV, CFP/bowl and NCAA tournament revenue streams as a member of the Big East than as a member of the AAC. More importantly, its basketball teams would be in a power conference that includes a number of historic rivals. My guess, though, is that it would be able to negotiate an associate membership in the AAC for football, likely at a reduced payout of TV and CFP money.