It was this was 6 months ago we would be gone. The Dude is dumb. Stop following him on twitter and save your eyes.
No one in the ACC is going anywhere including ND
So now you have all the member institutions, the conference entity, and all the network entities affected by the telecast agreement(s).
The sales of rights to other networks only help to cement the GoR. Now the light bulb turns on. What a mess, or what a blessing ... depending on whether you wish to leave, or wish to stay.
Your conjecture sounds sane to me.
Wondering now, how much ESPN, IMG, and Texas are losing on LHN?
Agree, the transfer of rights to other networks is the wrinkle. That makes all of this anything but simple. That would point to July 1, 2025 as the date that the Big 12 would morph "potentially" into something else.
I can't help but ponder that some workaround deals are being discussed though, with all of the rumors out there. I believe that if Texas goes somewhere else before 2025, that they must have one heck of a workaround!
"This no more resembles that than something unlike something else resembles that." - Loosely quoting PHNC