Unless PAC 12 grabs 4 Big XII schools, the best thing for the Big XII is to add 4 schools to take effect in 2025. Form a network with PAC 12. Have an opener with highest ranked Big XII vs highest ranked PAC 12 @AT&T stadium to bring in value to the TV contract. Make all non-con games to be played between the two conferences, to add value to the network. It could work and if we get the right schools we will stay a P5 conference.
I think FOx wants 3 P5 conferences to counter ESPN conferences ACC & SEC.