NU left because they felt they wouldn't have a spot at a table in the end
The migration of 6 teams from the B12 to the Pac was still being rumored. NU wasn't one of them.
Even still, the B12 was pressuring NU to sign the GOR. But NU was nervous.
Linked is a long, but really good article on the decision. The original article from 2009 isn't archived on omaha.com, but the IGN board luckily captured it. Just a sample of the biggest issue NU was dealing with:
"What if Nebraska stayed but both Colorado and Missouri left? Would Texas stay then, Perlman asked? Perlman said Powers indicated he was optimistic Texas would, but he could not commit.
Then Perlman said it occurred to him the most binding way to make a commitment would be for schools to pledge their major network TV rights to the Big 12. The league's current TV contracts were soon set to expire, so such a pledge would have real meaning. He asked Powers whether Texas would commit its future rights to the league.
He said Powers responded that he might be able to secure that commitment but it would take time, and the schools didn't have much time.
Perlman said the responses to those questions did little to allay his concerns that Nebraska could end up committing to a league with a short shelf life."
[Post edited by Tercules at 02/12/2018 9:43PM]
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In response to this post by Maroon Baboon)
Link: The Big Ten Decision
Posted: 02/12/2018 at 9:43PM