CSNBBS MB thread discussing Big 12 withdrawal procedures at http://www.csnbbs.com/showthread.php?tid=650122
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I had a very similar post about this thread a few pages back...
It seems to me the the GOR could be broken because the GOR offers no hard dollar number for buy back they just flat out retain it. Legally you can't take something for nothing. The guy said it pretty well...
"Now the buyouts attached to leaving, those can have teeth. But the day you try to retain someone's rights and not pay them, as has happened in 100% of the court cases, without fail, where someone has breached the equivalent of a grant of rights and were not paid for their retention, the retaining party will lose. Every single time, without discussion. Note there is a difference between not paying, and disagreements on the value or amount, if any, owed due to calculations of how much revenue said rights earned."
Still as most of the posters have figured out, dissolution is likely the only way out and that needs 75% or 8 of 10.
PAC12+ Texas, TX Tech, Oklahoma, OSU, Kansas, K State
and 1 more of ??? ISU, TCU, Baylor ???? thus unlikely.
Unless they stratgically add 2 more to get to 12 like UConn and Cincy. Then 75% wopuld be 9 of 12.
PAC12+ Texas, TX Tech, Oklahoma, OSU, Kansas, K State (all but K State has been rumored).
ACC+ WVU, Cincy, UConn (all three schools would jump at a chance to join a more "local" conference with their rivals)
Out of luck: ISU, TCU, Baylor.
The PAC12 and ACC would have to work together on this but the beneifts would be great.
The PAC12 would get more coverage in the Central Time Zone all the way to the Mississippi River geographically conecting them with the B1G and SEC and potentially building some great OOC rivalries like UT/A&M, KU/Mizzou, OU/NU which the PAC has never really had. Plus the opportunity would be there for more top tier bowl games against the SEC/ACC (the Alamo for instance is a Big12/PAC12 game, by basically dissolving/absorbing the Big12 they could add in the SEC as the opponent).
The new PAC18 adds some nice "crown jewels" to their conference network, including 2 huge fb schools in TX/OU plus everyone but TX Tech has been in a BCS game (and Tech just missed out due to the 3 way tie in 2008, so its really not a bad haul) and some major basketball schools in Kansas, Texas, and K State which they really need.
The ACC can take WVU who they missed out on before realizing their mistake and taking Lville, as well as their #2/3 options in UConn and Cincy (who they would have likely added eventually) all of which have also made BCS games. That would allow the ACC to really step up their Northern leg which is pretty spread out (BC>Syracuse>Pitt>Lville>ND) and adds great rivals/travel partners with UConn(BC), WVU(Pitt), and Cincy(Lville).
The ACC, who had some trouble getting into a BCS game, could once again join the big boys in their 1v1 matchup (Rose/Sugar) and could either take the Big 12's place in the Sugar Bowl vs the SEC#1 or turn the Orange Bowl into that type of game ths removing the stigma of being the kid who was picked last to play.
Bullet points: ACC gets 3 teams all in their geogrpahic footprint, 1 they missed on, and 2 they might have added anyways, more access to some top bowl games (no more Beef O'Brady) plus jumps the now dead Big 12 a solidifys them as a Big 4 conference; while the PAC12 get national relevancy in the Central Time Zone plus some great schools that will really help push their league from the Pacific Coast to the Gulf Coast.
Fan of the Big 12 Conference, the Mountain West Conference and...