You wonder what else could come of this. What would be best for the NCAA overall is some sort of NEW conference with the remaining Big 12 and PAC 12 teams to create some sort of super conference out west.
USC, Oregon, Stanford, UCLA, Washington, Arizona, Colorado, Utah
Oklahoma St., TCU, Baylor, Texas Tech, Kansas, Kansas State, Iowa State, Houston
Sadly, programs like Cal, Arizona State, Washington State, Oregon State, and Utah get left out, but the PAC12 is dead and the Big 12 too. Bold moves is what can save a conference. That would be a strong 16 team league. It would trim some fat.