The following is from an ESPN story http://sports.espn.go.com/ncaa/news/story?id=5289050
Kansas, Kansas State, Baylor, Iowa State and Missouri -- which were in danger of being left homeless if the conference dissolved -- agreed to give up their share in buyout penalties to be paid by Nebraska and Colorado for leaving the league, Beebe said.
The idea is to have that money go to Texas, Texas A&M and Oklahoma, the schools the Big 12 needed to stay to remain viable, to make up for the difference in revenue those three might have made going elsewhere.
This just amplifies the battered wife comments on here. I understand that those other schools had almost no choice but come on Texas wasn't going to go to the PAC-? They were playing everyone to get the best deal, the PAC-? wasn't going to let them waltz in and take over like 11 of the 12 Big XII schools did so Dan Beebe and Co. came up with this plan. We'll tell the other teams "we're" only staying if you guys give us the money and obviously they had to spread it out a little because hey were not bad guys I just think we should get a little kick back for being your savior. I think this is criminal and Texas and the Big XII should be investigated. So in the end Oklahoma and aTm must be Texas' true loves at least they got a gift after being smacked around, the others well they got the I only do it cause I love you, I have so much emotion when it comes to you. It makes me sick and just one more reason I am ecstatic that Dr. Tom and Mr. Perlman said Take This Conference and Shove It, I Don't Play Here Anymore. Sorry for the lame song reference. I least we know that Nebraska has the academic capability to compete in the Big Ten. I hope Jim Delany sees how ignorant MIZZOU is. Maybe he'll remember MIZZOU pretty much announcing they were only awaiting a formal invite and then would be off to the Big Ten. That's my take what's your's?
Sgt Saitta USMC