I tend to agree, that in the end schools like Texas, Ohio State, Clemson would prefer the top level of college football include 32-40 teams. More revenue than current system and still enough teams that the 15th ranked team might go 8-4.If this is all about MONEY & GREED....why would the Other 4 conferences include the big 12 in anything....Just go with a four way split instead of a five way split.
IMO the big issue is the OU/UT news timing now puts the Big10/Pac12 on the clock. The Big10's contract ends in 2023 and Pac12 in 2024.
How they approach negotiations is very different. The Big10 is expecting someone to back up a dump truck and throw money at them. So they can slow play negotiations and see if any Pac12/Big12/ACC schools move the TV rights $.
Whereas, seems to me the Pac12 needs to find out pretty quickly how much interest and ballpark of new deal. That tells USC, Oregon, etc if the Pac12 has a future.