With Tier 3 rights, just allow schools to keep 75% and pool the rest. Done. Move on.
Yeah. Texas gets to keep $11.25 million outright, and would probably get about a million or so back in distributed revenue. It would cost them, maybe $2.5 million a year, and when compared to their total revenue stream, it amounts to something like a 1.5% hit or something like that.
Personally, I'd like to see some sort of Big 12 Network that exists concurrently with the LHN. We all keep those profits and UT can just keep the LHN. Rules can be set up to determine how games get distributed. If it becomes profitable enough, we'll just let UT ultimately buy in and/or eliminate the Tier 3 pool.