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[QUOTE="HtownOrange, post: 4723743, member: 622"]
I understand the history.  Both UT and OU wanted to leave immediately but were stonewalled because of the buyout, neither school was wiling to pay the price to leave four years early and only were able to negotiate a one-year early exit at 2.1X the annual revenue and because all parties were interested in the early release.

As to your final paragraph, I can only speculate that fools chase money.  Solid investors look at the long play while fools chase the "hot tip".  Sure it pays off once in a while, but over the long haul, they would make more being slow and steady.  I cannot justify the nonsense for a few million dollars, okay, $40MM, when the universities are often multi-billion dollar entities.  Seriously, this amounts to just a percentage point or two for most schools.  And UW and Oregon are realizing travel may cost $10MM per year more than what they had to pay in the PAC.  Oy vey!  Why they gave up their primary mission, you know - education, for a small windfall cannot be truly explained.

If the conferences were smart 20-30 years ago, they would have banded together and negotiated the TV deals as one unit like the pros do.
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