Isn't that an argument to add MORE Pac12 teams, not less?My opinion is that what works well in CFB is a schedule that is heavy with regional and traditional ties with an occasional game outside those norms.
Adding a Pac12 side to the BIG is the most feasible way to preserve regional and traditional ties, as opposed to let the Pac 12 wither to irrelevance, to the point USC and Co have no choice to jump to the SEC or BIG, removing any sense of regionalism or tradition (as the rest of the Pac12 brands worth anything would be in the Big 12).
It is basically bundling the two conference networks, but shedding some of the Pac12 fat to make it work. Maybe they just do that, bundle the two Networks, but I am not sure that is as effective as getting the BTN to be in-market in CA, WA, Oregon, AZ, and CO.
Perhaps USC and Oregon are more confident than OuT, thinking the recent exclusion in the postseason (in both sports) will be solved from an expanded playoffs. In that case, the Pac12 will sign a GOR and be 4th or 5th in revenue until Clemson gets lured (they are much more in the OuT positon)