Yes, it would be beyond dumb. Like rock bottom stupid type of dumb on all sorts of levels. Yet people are gobbling it up.
And here is the thing... no one, absolutely no one, can predict, what will college athletics look like in 10 years, or 20 years, or 50 years. No one had any idea what it would look like today just 10 years ago. Things can and are changing rapidly. The impossibility of Pitt winning anything in today's environment may not apply in the future. But one thing is certain, if Pitt drops out of the top tier, that opportunity will absolutely be gone, forever. So right now, it is about survival and hopefully successfully riding out the chaos.
But the quitters are "I'm not participating if we can't win a natty now."