First of all who owns those GOR deals?
ESPN and FOX.
Who might stand to benefit the most from canceling those rights?
ESPN and FOX.
The devil is in the details. If the Big 12 cannot hold its membership together then one side argues you dud not diver, contract cancelled. Most people in the know on the legal side believe the end us inevitable by Fall of 2022. There will be money exchanges. It will not likely be $150 million. Probably less than a third of that, chump change to OU and Texas, quickly made up in the SEC.