Seriously, this is the exact same as what the Big 12 went through last year.
Bombshell as two major historical programs leave to a P2
Frantic calls as every other school looks at other options amid fear that conference will dissolve
Conference focuses on identifying who is in and starts looking for replacements
The Big 12 was lucky enough to have nobody interrupt that process because nobody wanted their teams. PAC12 could (and probably should) have ended the Big 12 by extending a few invites. Still TBD if PAC 12 can get through the process without others taking advantage of them.