The Netflix stuff is interesting and confirms what other have said regarding the Big XII going in with Netflix. He is still confident that the Big XII will announce expansion once things settle . . . this summer?
Yep, in five years we will either be in the Big XII or the AAC. Of course, that is more obvious than a prediction.
I do think that Holmoe is very, very smart to be working on scheduling agreements/arrangements with multiple conferences so that we will have a home in five years (if ESPN doesn't renew). We are working with the AAC, (maybe) Big XII, PAC 12, and even the MWC.