I don't think they'll even delay it really. When the big dogs say goodbye, they're leaving and not looking back, even if those they are leaving throw a temper tantrum..
At most, they'll get some relatively small amount of money to make them go away.
I would love to see relegation. It would be awesome. But the Vanderbilts, Northwesterns, Kentuckys, and Illinois of the world have enough friends to prevent it. Rutgers doesn't, they could be relegated and no one would care.