You're right Take-Two will have dibbs on VC. They can unbundle that team fromt the other game development teams. Or they (VC/football) can be subcontracted by EA. The bottom-line to all that is how serious Take Two will be about producing a quality football game for the next five years.
If they do let it go, this could be a win-win if Take Two is seriously trying get a MLB exclusive. Although, I can't see EA allowing that to happen to them.