The whole thing is foolish. Adding any schools right now would be a rash decision that I think would set in motion the death of the Big 12. I think the Big 12's best move is to stick with 10 members, consider a football championship game, and let the quality of its play continue to speak for itself in terms of contract negotiations. I think the ACC would be the next major conference to fall if any conference actually did. We might just keep playing on with five major conferences for decades.
*Other than conference championship game money, which is going to be possible for a 10-team Big 12 anyway.
I really dont see what the harm will be. If the cost to the remaining 10 schools is minimal, why not take a shot. Because its either that or the longer we dont grow the more likely that texas or oklahoma opt out of this arrangement when the grant of rights ends. So the choice is try to find someone now, while things are stable and you can actually grow a school, and hope it works out, or just stand pat, and keep pretending that OU and\or texas cant just opt out in 10 years.... and from Boren's comments OU doesnt seem pleased with the status quo.
I also find it very interesting that Bowlsby is now confirming that the tv contract would go up if additional members added. Thats almost exactly opposite of what theyve been claiming the last few years.