Ivy leagues are going to have their own tournament which will mean they are competing amongst themselves for NCAA bids.
The EIWA is generally small schools without the name recognition. They will now compete amongst themselves for NCAA bids, taking out the ivies frees up spots for them to get more bids and get on the map more.
I think this is great, as it results in more d1 college conference tournaments and spreads the wealth to schools that normally get spots blocked by Cornell, Princeton, etc.
I see this as a positive and actually don’t see a downside.