Orangebloods.com - Sources say Texas will commit to 10-member Big 12
OK, just so I understand, Texas is going to pass on a plan by Larry Scott that will get them roughly $25-27 million starting in year 1 with the Pac-16, top dog status in football for the Pac (given USC's issues) and association with much better research/academic institution (primarily the Cali Schools) for a package of:
1. $14-17 mil annually.
2. A one time payment of $2 million from Colorado/Nebraska leaving
3. the ability to start their own network - which could net them $3-4 million 3 years down the road.
So, in years 1-4 with the Pac-16, Texas makes $100 million. With the Big 12, they make roughly $70-75 million at best (assuming their network and the Big 12 plan maxes out). The dollars just don't add up. All the while this whole plan could fall apart in the next 2 years if Missouri gets invited to the Big 10 or A&M to the SEC (both would also get bigtime raises in cash).
This smells like Texas feeding information to Chip Brown to make it look like they did their best to stay together and make A&M the bad guy (once they accept the SEC bid today). This way Texas can defend what happens with A&M and Baylor by saying they wanted to stay in the Big 12 but A&M bailed.