Would Texas A&M reconsider the PAC? If so, Commissioner Super Conference may not be done. Texas A&M, Texas Tech, Oklahoma and Oklahoma State should be very attractive to him and would vastly improve the PAC 12 err 16.
I dont see it. Originally, the estimates were that the Pac-10 NEEDED Texas for ANY expansion to be profitable for the existing 10 schools. those estimates allowed the Pac-10 to examine adding Texas and 5 other schools...with Colorado the only other school the Pac-10 really wanted (remember, Colorado was invited before the others, to help make sure there was no room for Baylor talk within the TSL).
But it could be Texas and 4 also-rans and the Pac-10 saw it as a revenue boost...same reason Texas now has the LHN and controlled the fate of the Big 12 last summer.
So now that Texas is out of the picture for the Pac-10 due to the LHN, then it makes Pac-12 expansion less likely...since even more now, they would NEED Texas included.
Despite the huge payout and great job Scott and the Pac-12 has done, the estimates still seem to show that they would have gotten virtually the same deal at 10 members. The additions of Utah and Colorado did recently allow for the Pac-12 to add regional network for "Mountain" that will include the UTah and CO markets...so that's a plus...but not a huge windfall.
As Scott has said, Texas with the LHN won't work. Only work around I see would be if Texas ceded the LHN to instead be Pac-12 Texas which would be Texas and TAMU (and another regional network for Oklahoma/OSU).
But Texas wouldn't likely ever do that. And I don't see TAMU/TTech/OSU/OU being a worthwhile path either since combined, they still arent UTexas.