This might be a good short term solution, but long term it solves nothing. Of the ten schools remaining, 2 don't really want to be there. Missouri still would LOVE to be a Big Ten School and Texas A&M still wants to be an SEC school. You don't here schools wanting to bail out of the Big Ten or SEC. The uneven revenue is going to hurt them. Not only is it unfair, but you're much better off if the entire conference is cometitive than just having one school that dominates everything. Yeah in the Big Ten, OSU, UofM, and PSU tend to dominate, but my school UofM sucks right now and most of the others have had their chance in the sun,cause the equal revenue sharing gives less successful programs a chance. With this arrangement Texas has, except for Oklahoma, very few of the others schools will ever have a chance. That Texas network isn't going to become a success overnight. It took the Big Ten a couple years to negotaite with the cable companies and took a couple more years to turn a profit. By the time that becomes a success, Nebraska will already be a Big Ten member and the Big Ten Network is going to be even more profitable than it already is. The population and the alumni across the nation of the soon to be 12 Big Ten Schools is going to WAY outway what Texas can pull alone. By the time Texas starts pulling in $30 million a year like projected, so will the Big Ten schools I bet...I doubt it's going to stagnate at $22 million (what Big Tens Schools got last year). That doesn't even get into the academic benfit for your school. PSU jumped like 20 spots in the academic rankings after they joined and the amount of research dollers Nebraska could get, could tripple.
I give this new Big 12, 10 years max before it collapses.