But the same source noted Villanova's "caution" about that scenario based on the lack of a television contract or even a handle on who would be in that league.
Villanova's name has come up in reports linking it with the Atlantic Coast Conference, but it appears that Villanova is a backup to the backups. At this point, Big East schools still are talking about trying to remain together as one league, with talks reportedly starting with Big Twelve schools such as Kansas, Kansas State, Missouri and Iowa State, who may be looking for a home if other Big Twelve schools go to the Pac-12.
On Monday, regents at Texas and Oklahoma gave their presidents the authority to find a new home.
University of Oklahoma president David Boren said he is focused on either keeping the Sooners in the Big Twelve or moving to the Pac-12. And while he said it is not inevitable that Oklahoma will leave, he said the league must share television revenue equally among its members for the Sooners to stay.
Texas regents gave president Bill Powers the authority to negotiate a move out of the Big Twelve to a new conference, with any decision requiring their final approval.
Oklahoma State's regents have called a special meeting on the topic Wednesday and Texas A&M has already said it plans to leave the Big Twelve for the Southeastern Conference by July if legal issues can be addressed.
Contact Mike Jensen at 215-854-4489 or firstname.lastname@example.org, or on Twitter @jensenoffcampus. Read his "Off Campus" columns at www.philly.com/offcampus.
This article contains information from the Associated Press.