You all need to understand how Texas politics work. Aggie just doesn't get to leave the Big 12 because they decide too. Aggie and Texas are tied together and fool me once, fool me twice, fool me cough cough not a 3rd time. We can't break from Aggie and they can't break from us. State politics will crush the break up if it gets that far.
Aggie and UT are playing a chess game right now. Put your money on the people moving the the UT chess pieces over whoever is moving the Aggie chess pieces. State politics, tv rights, big money, legal issues, etc will all come into play. When it is all said and done Aggie will remain in the Big 12. What will be interesting is if Texas will have to make concessions on the new LHN. We'll have to see if Aggie has enough money to support a sustained fight.
With Rick Perry announcing he is running for President, God help us, the last thing he is going to want is in-state fighting.