I know they spent a fortune to make the jump to FBS and try to be a national player but it obviously has not worked out sans the Fiesta Bowl year and some other middling bowl games.
Depending on where independence takes them, it might make more sense to work on a transition back down to FCS like Idaho did and be a nice fit into the CAA along with a lot of other New England/Northeastern schools. Looks like the furthest away members are in NC and VA-better than Houston, New Orleans etc.
Still could be hard to sell/justify after building Rentschler Field but games against New Hampshire, Villanova etc. could draw more fan interest than Memphis or Cincinnati and also makes it a possible draw for more traveling fans.
I think UConn and UMass will be playing each other for the foreseeable future and could start a series with Army, too as teams are only about 100 miles apart.