Well, they can't control the other conferences decision to play. It might have the feeling that the other conferences are lab rats, but the B1G is not in control. They fucked everything up regardless as Jake said, but I'm just saying theoretically the B1G could say "It appears other teams are playing safely and we can too". It's chicken shit either way.
In any event, looking pretty likely for the university presidents to vote on this tomorrow. Not holding my breath on the results though, sounds like the lower level teams and some politically motivated presidents may be out on having a season. If the university presidents get to decide and vote against it, we really do need to find a new conference.