The Big 12 already has a 32 million dollar a year deal compared to the ACC's 40 million dollar deal. You don't think in 5 years they will be able to negotiate that higher? The ACC is stuck until 2036 if ESPN even decides to keep it. You can say they would be foolish not to but they were supposed to renew it in 2021 and for some reason asked for an extension instead of jumping on it. Frankly, we shouldn't have granted that extension. Now its being used in a lawsuit against us.
The only thing we know about the ESPN option is what FSU filed in the lawsuit. That is probably a version of the option that is spun in a way to make FSU's pleading appear most favorably. Do you know what the option actually is? Do you know that ESPN actually has an option to completely walk away from the contract? Do you know that it isn't actually an option to increase the payouts, but ESPN has to unilaterally decide that? Does anyone who is publicly speaking about it know any of that?
Lawyers don't typically include things in pleadings that they know to be false. However, sometimes lawyers get information from their client and don't push for exact details so that they can make the pleading as convincing as possible. We do not know what the ESPN contract actually says. We do not know that ESPN can just walk away. Too many people are putting too much faith in what FSU is spinning. It might be true. However, I have very little trust in FSU's lawyers, and will need some level of confirmation before I just accept what they say.
There is no incentive for a Big 12 team to go anywhere except to the P2 conferences. Leaving a stable conference, with teams you have some history against for an obviously unstable conference for a few million more per year seems like pretty bad plan.
Who is stable and who isn't? A few years ago, people were predicting the end of the ACC because it was the worst P5 conference and the most unstable. The Pac12 was looked at as a very stable conference. The Pac12 went under. The ACC makes more money per school from media than the Big12, but people still look at the Big12 as the more stable conference. The powerhouse teams from the Big12 have all left, but people still look at it as the more stable conference. I don't think there is any measure, except internet opinion, that the Big12 is the better conference.