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All of this is totally the Big12’s fault. They allowed Texas and Oklahoma to create a two tier system and piss off Nebraska, Colorado, Missouri and aTm.
If they had an equal revenue share like the SEC and the B1G (used to have) and equal voting rights and Longhorn network then nobody leaves.
A good portion of that probably happened before I even started watching CFB. But yeah, unequal revenue sharing & voting rights seems like a very effective way to kill a conf.
If all of that is accurate, then the Big12 is as guilty as the Pac12.