The report comes from an Orlando TV station (the link above is to a Gary Parrish article discussing the original report).
Conference USA was spared any damage during the first wave of expansion. If anything, this report should remind us all that there is no telling when everything will stop shifting this summer. Right now, with the Big East unaffected by the Big 10's plans, I am not sure why they would seek expansion to 10 football schools. It wouldn't add any chance at a football championship game and adding UCF and Memphis doesn't add much, if any, history of success either.
Let's see if this story picks up traction in the coming days.