So, let's say that UT goes to the Pac-12, and the Big 12 comes to own the rights to UT-USC game (among many others). Say that ABC has the Tier 1 deal with the Big 12 and wants to show that game. Why would ABC, as the holder of the Big 12 Tier 1 contract, not be allowed to show that game? Why would ABC pay the Big 12 for the game if they can't show it? I don't agree with your assertion that there would be no exposure for the defecting team. If UT reimbursed the Pac-12, I'm not sure why they would object to the showing the game.