I disagree with that.
I don't think that Texas wants to go Indy. If they did, where would Texas park all of their sports other than football?
The WAC? That will hardly fly in Austin.
Fact is, Texas is one of the most competitive athletic departments in America, top to bottom. Right now, they're basically an independent (meaning that they do what they want, when they want to do it) inside of a conference. Should they go indy, no conference in America will let them park those other programs inside of it.
Notre Dame has a SWEET setup with the Big East. Something tells me that after all of this, Texas wouldn't be so lucky.
Agreed. Here is what kind of financial projections we can use to compare IMO.
Everyone speculates UT indy so I did some homework to see how much is left on the table. This is all estimation that I gathered from many sources.
Let us be clear on what UT has in the Big 12. Total revenue is going to net 20m per year until the tier 1 contract is redone in 2016 which will likely get them to 26-27m at minimum. This includes 15m in TV dollars and about 5-6m in league revenue from other sources.
Let's now give them favorable projections for indy.
Notre Dame gets 15m per year for football. Lets give UT 1.5 times that despite their carving out 1 game for the LHN. We have 22.5m so far.
UT will need a non football home and the most lucrative landing spot that has more than a 1/100 chance of occuring is the Big East that pays non-fb members 2m. Let's triple that so we are safely in the clear when their deal is redone next year. 6m from that gets 28.5 million.
UT will get non-fb revenue from the BE, keep their own bowl money, and keep their own BCS share. For simplicity I took ND's numbers here. 4.6m roughly
33m indy vs 27m B12
This brings a total of roughly 6m to be gained by going indy per year. Add in exit fees (at least 9m), having to pay teams to play you without return games (prob 2 games so 1.2m per year), difficulty of scheduling, politics, and other blowback and it isn't really worth it unless they can get an even bigger deal than the favorable outlook above. If they can't land in the BE, take that 6m and reduce it to 1m. It doesn't make much sense unless the negotiations greatly exceed Notre Dame's results.
I omitted LHN revenue as it is fixed and equal for both scenarios.
BYU going indy opened up 4x what the MWC could pay and 100x the exposure and therefore made sense. UT faces neither marginal benefit.