Did a quick math on a PAC12 getting back to 10 teams, and doing unequal revenue to keep UW/UO happy, balanced on the backs of the 2 new members. These splits are modifiable of course, but just to give an idea of what they might be working with.
Total contract value $25M per team:
UW/UO = $32M
Other 6 = $27M
New 2 = $12M
Total contract value $20M per team:
UW/UO = $28M
Other 6 = $21M
New 2 = $9M
So if it is $25M per they can probably survive that I would think, unless all the games are on HSN and ION and they just hate that too much. Everyone should be happy enough.
If it is $20M per then it is really interesting.
FWIW, if Arizona were to stay, and they only do one add - the numbers look roughly the same, only slightly worse. $25M per probably works, but $20M per does not.
It's much worse with 12 teams, even though you have 2 more teams to eat partial shares. Just hurts the denominator, but no help for the numerator (since low value brands and no high value timeslots).