None of the other schools would vote for that. There is zero chance they would as it would be akin to slicing your own throat.
You could try for keeping your own bowl revenue, but again, why would they vote on it?
As for what the Big does, I don't see them coming for us. They would be looking at UNC and Virginia first and foremost. Schools like them essentially, large state schools with good academics, etc. Clemson would likely be next up.
I could legitimately see them going after FSU, GT, and VT afterwards. We're there after those schools.