[fullmetal]

I think part of it was that the bylaws declare two years' worth of revenue share withholding...but last year's money was handed out without issue.  Outgoing B12 commish Bob Bowlsby said that at the time, it wasn't clear that Texas and OU were leaving so soon.  I guess the B12 would have had to sue both universities for that $60M.

[fullmetal]

I think part of it was that the bylaws declare two years' worth of revenue share withholding...but last year's money was handed out without issue.  Outgoing B12 commish Bob Bowlsby said that at the time, it wasn't clear that Texas and OU were leaving so soon.  I guess the B12 would have had to sue both universities for that $60M.