Interesting. This tells me that UCD wants to move up, and it is more the MWC telling them to hold off. If I had to guess, the MWC wanted UCD because they wanted to strengthen their presence in CA, but they don’t want UCD to move up right now if it reduces the per school payout.
Because otherwise the first clause makes no sense. If UCD actually wasn’t ready right now, the MWC adding an FCS school won’t change that.