They are probably the only school that could afford it.
(Boers and Bernsetin are professional sports idiots that have no idea what they are talking about. Is Fox's Big Ten Network just going to absorb ESPN's Longhorn Network, etc. , etc., etc.)
Is GOR going to stick for that long? It is only paper and ESPN said that Maryland wil notl have to pay the 50 mill and will pay a lower amount. I am a little nervous, but not nearly as much as the past couple of years. I hope this GOR sticks for that long as this conference in my opinion is stronger than ever. Rumors will definitely be flying about so for me I will not believe any of it when it comes to our conference until I hear it from the Commissioner and Pollard himself. Just happy we do not have Bebe this time around for what is going down in other conferences around us!!
Buyouts and GORs are two different legal concepts. Buyouts are essentially just a means to mitigate whatever damages may be caused by breaking a contract. The actual enforced amount of the buyout has to be rationally related to the financial damage caused by the breach. Will be next to impossible to prove that the $50 million number is the actual amount of damages.
In the GOR, these schools signed their TV rights away to the Big 12 for 13 years. The Big 12 now controls those TV rights, no matter what the school does. The Big 12 gets all of the TV money generated by those rights because the Big 12 actually owns them.
A GOR is much, much stronger than a buyout clause.
As much as we all hate LHN, as long as that is in existence Texas isn't going to the Big 10. The Big 10 isn't going to let Texas be the exception to that rule - if they did that then immediately AT MINIMUM Michigan, Michigan St, Ohio St, and Penn St will want their own networks - and in this case Minnesota (FSN-North-MSP), Wisconsin (FSN-North-Milwaukee), Illinois (CSN-Chicago), Michigan and Michigan St (FSN-Detroit), Ohio St (FSN-Ohio), Penn St (CSN-Philadelphia), Maryland (MASN), and Rutgers (take your NYC network of choice) have the infrastructure already in place to do this. Talk about instant instability. As much as the Big 10 would love the intangibles that Texas brings, it could destroy what makes the Big 10 unique - intentional cooperation amongst the member universities.
Therefore, the only threat I see as to a conference taking away Texas would be the Pac 12, but I don't think they're worth giving up 12 years of TV $$$. Perhaps it's something you have to be concerned with a decade from now, but by then the Big 12 could be the model of stability, especially if the right teams are added to the mix now.
Jeez Texas and OU are going nowhere and I would put up large sums of money on that.
I think Texas is not going anywhere as this conference is their home like ours. Maryland left for the money as they are financially struggling. As for Rutgers well they are the dancing partner.