LHN lasts longer than the GOR so I'm sure at some point the GOR will be extended to at least match the end date of the LHN.
Couldn't UT just take the LHN deal with them to whatever new conference they join or independence? For example, If I were the PAC I would let them do their own deal. Also, if they went Independent they could keep it, and separately sell their tier 1 and 2, right?
I'm not saying they will do these things, I am just saying that UT, IMO, has LOADS of options and ways to keep making a eff load of money as long as College football exists.