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Big12 paid $10m total to drop pro-rata clause

Most objective people knew this is what all the expansion talk was about. No surprise here on the ESPN payout, although you're right Big 12 lost a lot compared to other option (expand and collect $25mil times 2 schools, but only give those schools $3mil for next seven years)
 
So they traded a potential $80 million/year (4 schools x $20 million/school) for $10 million dollars??? Very bad deal.
 
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Marc Daniels was ridiculing the Big 12 today for how Fox called their bluff on this. Compared to what the ACC got paid, this is chickenfeed.
 
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