How do you see this going down? When the B12 rules have UT and OU on the hook for two years worth of distributions plus three years worth of media rights to leave after this year - the B12 distributions piece is about $150MM combined, and the three years of media rights in the SEC is worth $400MM combined to UT/OU and about $240MM combined in the Big 12. $400MM combined is a realistic settlement demand to have them walk after this year, and I think it’s way too rich even for OU and UT’s blood.
I could definitely see agreement on a smaller figure IF the other schools all (or mostly all) had landing spots figured out. If the 8 schools were splitting $300MM, KU and ISU could just walk over to the B1G office and plunk down their $75MM, or any four of them could do the same with the Pac-12 and $150MM to get in.
But if there is nowhere to go, the best move for the 8 is going to be to maintain the status quo as long as possible and try to find somewhere to go. And OU and UT are simply not going to walk without a settlement first on the GOR, since they could lose (probably would lose) and ESPN would find itself at the center of the legal dispute that it does not want to be in.