Re: Nebraska. The Nebraska press conference explained the reasons the Cornhuskers have had a problem. "We're doing what's best for NEBRASKA! The heck with previous rivalries! The heck with the league! The heck with the other schools who will end up taking a financial hit on this! We're out for NEBRASKA!" Then, their big complaint with the Big 12 was that votes didn't go their way. When Oklahoma was asked what they wanted to do, they said they wanted to stay with Texas. Dittos for Oklahoma State, Tech, and Baylor (Baylor probably doesn't have an option.) A&M is only dithering over the SEC cause they don't want to break up the Texas rivalry. Course, part of that may also be that the SEC is really only interested in a package deal for both schools.
That's the reason, though, that Nebraska didn't have that much clout in the Big 12. They were only out for Nebraska. UT may be heavy handed (I went there, I know first hand) but UT could get an invitation to any conference in the country, and they're trying to work a package deal to get other schools into a conference with them. Maybe that's why the other schools were more willing to work with the Horns than the Huskers.
The Pac 10 issued the invitation to Colorado to stave off the possibility of Baylor coming into the league. They wouldn't have done that if Texas hadn't been pushing for a package deal for all the south schools. For Tech, Oklahoma State and Baylor, they didn't have that much of an option, as Texas is their ticket to the big league. Oklahoma has choices, though, and they went with Texas over trying to work with the Huskers.
Texas now could stay in the Big 12. Be the king establish the New Big 12 tv network.
They got what they want no Nebraska. Texas stays and can’t rebuild with a couple of new teams. Keep their rivalries in place and the history of the big 12 in place.