Dr. Schulz seems pretty confident the 10 members will stick together and everything will be settled and in good shape once the new TV deal is complete
But, Heaven forbid, what if the Four Corners quartet look at the dollar figures and decide in unison the Big 12 is a better long-term option?
What happens to the PNW schools plus Cal and Stanford at that point if the conference is down to 6 schools?
Do Schulz and his presidential peers have a quick fix to keep the Pac above water?
We either don't know, or about a 23% to 33% to 43% chance that Four Corner PAC 12 Colleges goto Big 12.
If that happens, guarantee that Oregon, UW would also go to 1 of the other P5 colleges, even if Big 12, Big 10, SEC said no, then they would seek to goto ACC, and ACC, would say yes to them.
As such the only teams left would be WSU, ORE ST, Stanford, Cal.
And without the Four Corner Colleges, there would be nothing that Schultz, remaining PAC 12 Presidents, George the Commish, could do to keep UW, Oregon, or if there was a option like raiding conferences, there would be no way the conference would succeed at raiding P5 conferences after losing 4 corner colleges
And if all that was left was WSU, Ore St, Stanford, Cal, then the PAC would be DEMOTED as a conference, or it would disintegrate, or it would grab mountain west teams, and be demoted as a conference, or merge with Mountain West.
In other words, there is nothing that could, would be done at that point, to stop PAC from either disintegrating or getting demoted, etc, and PAC, WSU, Ore St, CAL WOULD BE SCREWED.
Stanford would go independent or goto either Big 12 or Big 10.
The PAC, WSU, Ore St, Cal being SCREWED, happens the moment the four corner colleges leave the PAC 12, IF they leave the PAC 12.