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I think the demise of the Pac 12 as a P5 conference this year or within 6 years pretty much a done deal.  Because not only is their new FBS media rights deal likely to be slightly less than the Big 12's deal, they will start the deal in a hole $50 million.  I can't see SMU, another AAC school or any top G5 program playing for "free" in 2024 in the hopes that in 5 years they will get an equal share of a P5 level FBS media rights deal.  Also looking at the current Pac 12 deal that includes UCLA & USC it just doesn't look like a per team payout of more than 25 million is possible.  And if they get 25 million or more it would be a deal tilted towards an media outlet than doesn't have any FBS.  The PAC 12 Network with it's existing staff and infrastructure would probably be responsible for the production cost with a streaming partner.  If your program is competitive in a conference above the MAC and CUSA (in payout), a move to the Pac 12 doesn't make a lot of sense given the risk especially if you aren't in the original Pac 8 geographic footprint.  

I think we are in the best position possible given falling short of our goals during our tenure in CUSA.  --- Also considering that current Pac 12 boss George Kliavkoff in the midst of their chaos still looks like a better option than Judy it is amazing that we were able leave that dumpster fire just in time.  

https://www.outkick.com/pac-12-conference-owes-comcast-50-million-due-to-their-own-incompetence/

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