Originally Posted by mnchiefsguy
Fox has no power to release any university from its obligations to the Big 12. Can Fox exert influence? Sure, they have enough money at stake that the powers that be in the Big XII would at least listen, but at the end of the day, the GOR gives the Big XII the control over the Tier 1 and Tier 2 media rights.
Assuming a conference even exists. One could make an argument (a very credible one) that if Texas left there is no valuable TV contract. At least not one worth 20M/yr to each member. If that is the case then essentially Fox does own the GOR because they can sue Texas via the Big 12. or directly if Big 12 isn't legally viable.
It's a mess. But it could be that Texas is more tied to the GOR than Baylor is since they create damages by leaving, Baylor doesn't.. You can only sue someone for actual damages, not perceived (or even written) damages. If Texas agrees to a 1B clause on the GOR but it's proven they only did $1M in damages, the courts will only award the 1M as actual damages regardless of what a contract said.