The tv contract is the only reason why this would get done. If tv contracts matter less going forward there is even less reason for Texas or the SEC to do this. No reason to cut more slices out of a shrinking pie.
There are tons of good reasons that I've already listed.
It may need to wait a couple more years due to contracts, though.
That's the way it usually works: an announcement is made and then it takes a couple of years to unwind everything.
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