To keep Colorado. With the CO meeting they had to put their cards on the table and show each PAC12 school exactly where they were at so the decision makers had something from the conference to go off of.
No doubt they are scrambling like crazy, and those two schools are granting rights so that if by some slim chance CO decided to stay they can ratify the media rights deal and hold the conference together quickly.
Does not look good for our friends in the PAC12. It’s pretty clear the PAC12 deal is short of the BIGXII, and Colorado will follow their self interest and move conferences. So Machiavellian, so beautiful.