In my gut, I believe the Pac 12 wants to get to 16 at the Big 12's expense, but only if they believe that is the ultimate result for ALL conferences in college football. Because of their geographic location, the Big 12 is the ONLY reasonable source of teams to fill out their card. Financially and logistically they are probably better off at 12, but have to be out front due to the Pacific Ocean limiting their options for expansion. If there is a sniff that there is a broader realignment coming, Larry Scott turns it up to eleventy out of necessity.
I think OU and UT have some great reasons to stay, but have discounted them completely. There is really no reason, including money, for them to be participating in this charade. It is very odd. The inner workings of OU administration in this process is going to draw a lot of scrutiny from investigators once "higher investigative powers" get involved, be they Congressmen or litigious attorneys working on behalf of the schools that get screwed.
ACC aggressively advocating Pitt and Cuse jumping is very significant, but I can't quite put my finger on it. It's like this stuff has all been figured out in advance and is slowly being revealed. Maybe it has?
If so, who is the "guiding hand" orchestrating these things? ESPN? They are the common party in all these events. Certainly not the NCAA. No individual party, even gargantuan Texas, has the ability to move anyone more than themselves or one traveling partner at most...
It bears watching closely.