We can talk about how detrimental OU and Texas leaving the Big 12 is for the league and its long-term health until the cows come home, but in the end there is one factor here that determines the answer — and that’s the amount of cold, hard cash available to the remaining members.
And the answer there suggests it is undeniably a no good, very bad thing.
Speaking on Monday at a Texas Senate hearing, Bowlsby revealed the potential financial fallout of OU and Texas leaving the league for the SEC is so substantial, he estimates schools will lose roughly $14 million per year in TV revenue — half of what the league is currently distributing.