The Big 12 has been a marriage of convenience wtih Power and Greed at the forefront since its inception, when it was good for Texas, Nebraska, A&M, and OU to vote for their interests, they did just that - it created a monster in Texas and the ensuing instability. Of course Iowa State went along with it, what were they supposed to do? But there is a reason the Big 12 fell apart and you don't have to look much farther than Texas. Why is this not happening in the Big 10, SEC and PAC? The Big 12 could have been the consolidater on its own terms, instead Texas, Nebraska, Aggie and OU likely will have blown it up to only agree to the same principles they opposed for so many years. Oh the irony...
So when this is all over, I will always root for whoever plays those schools! No clue where ISU lands in this mess, but if the threat of massive lawsuits has any effect, our best case would be 5 14 member conferences rather than 4 16. In this scenario, Texas perhaps holds the 5th conference together with a merger of the Big East/Big 12 and continue to enjoy their position as top dog and cake walk to the Championship, but the problem with this is the threat will always be expansion to 16 of the 4 other conferences. Texas holds the cards whether its 14 or 16, no one is going to go to 16 if they think Texas is possibly in play.