Good question. Obviously one that a few people might wonder and definitely needs brought up and discussed. My opinion is no and here's why
1. The expansion was really a football alignment expansion. Rutgers and Maryland give the B1G an exceptional chance to capture some of the east coast market and I while I suspect the B1G is definitely taking note of what's happening with Rutgers basketball, they aren't going to waiver one bit.
2. Rutgers and Maryland fit academically with the B1G. Rutgers and Maryland are both members of the AAU and Rutgers has also pushed for and received an invitation in the B1G's CIC. So academically it's a done deal. Again, I doubt that a single incident (albeit egregious as it was) would bring this all crashing down.
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Sometimes people standing on third base think they hit a triple, but they didn't - Jim Harbaugh