USC and UCLA were offered a better deal and they took it.
Oregon and Washington spent the next six months saying they wanted to sign a big TV deal that would ensure the survival of the Pac-12 while BEGGING their way into the Big Ten for about as big a pay day as they would have gotten in the Big 12.
They're taking 50% deals and Oregon only got in because Washington really went to bat for them.
Colorado saw the writing on the wall and had a plan.
Arizona knew it would be good for their basketball flagship.
Arizona State and Utah dragged their feet and probably the only value of adding them was to decimate the Pac-12.
Now, Cal and Stanford are wandering the ACC desert and Oregon State and Washington State are staring down the barrel of making budgets work with $10 mil a year from the New Pac-12.