They don't, since about $150m of that is owed to the Mountain West. The PAC is trying to sue to get out from under that obligation. The outlook of that case doesn't look favorable for the PAC, and will it happen before their July 2026 deadline? Adding another $27m for each additional AAC team would drain the $255m (figure I read) even further. A poster mentioned earlier, TXST is in the right place at the right time with the right leadership and trending upward. TXST is a good buy for a $5m exit fee. Will the PAC make the purchase? I have no idea.
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