Quote:
Originally Posted by Mosbonian
UT and OU won't stay around that long. The Big 12 is just a placeholder till they get the deals they are looking for.
Anyone who thinks otherwise is forgetting that we say this movie once before and the end is not pretty.
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You might not be aware of the implications of signing over your tier 1/2 media rights to the conference, where that holds even if you leave. That is FAR bigger than even something like a $50MM huge exit fee. There is no "oh whatever, they can back out in a couple years" here, this is the college conference version of an unbreakable marriage. The Big 10 and the PAC 12 make their members do this to ensure no one can leave.
If your T 1/2 media rights are owned by the conference, no one else can put you on TV and you become completely useless to any other conference until those iron chains around your ankles expire. If everyone signs this, then everyone is staying in the Big 12 for 6 years come hell or high water, unless they have the votes to dissolve the conference. The reason why it is 6 years is because presumably the Big 12 will land such a great Tier 1 deal 5 years from now that people will be wondering "so, why were we wanting to leave again?"