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[QUOTE="omniorange, post: 283192, member: 636"]
The BTN has an estimated value of over $3 billion, of which the Big Ten gets 51% of that value, which means the 12 teams each have an equity share valued at $127,500,000 (assuming Nebraska gets a full equity share from the get go). I don't see any Big Ten president walking away from that tangible asset.
 
And that is a huge difference from the rather simplistic GOR we are talking about with the Big 12. If you want to say that a GOR is better than a simple exit fee and a waiting period to leave the conference fine, I don't have a problem with that. But the Big East could have remained stubborn and not settled with WVU in terms of the exit fee and the waiting period (particularly the waiting period). They simply chose not to do so because lawsuits are expensive and bring bad publicity.
 
If Texas wants to leave the Big 12 for the BiG or the Pac prior to the 13 years , they will do so, regardless of a GOR. It might mean, like WVU, they'll have to pay more for leaving, but when an institution wants to leave badly enough, they'll pay that price especially if they have something worth more waiting.
 
One thing I will say now, the LHN will be dead within 3-5 years. Not getting to show Texas high school football games on the network virtually guaranteed it. So will the Big 12 try their own network or will Texas start getting roving eyes again.
 
Cheers,
Neil
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