Could just be a prep to swap teams currently in the AAC to a stabilized Big 12 that have a better individualized streaming value than schools like Kansas State. They come down, Cincy goes up.
As for OSU to the PAC12, those laws make a huge difference to the Boards. And even if they didn’t, the prevailing political winds that gives them support makes doing business with Oklahoma distasteful to them. But none of that matters. At what point would anyone in the PAC12 think it’s a good idea to fly out of Oklahoma after a game that kicked off at noon (10am California time) having just played Oklahoma (Level 2) while their players fly home watching Oklahoma (Level 1) play Alabama in Cowboys Stadium in prime time? This is how recruiting plummets. Half of California’s best players leave the State for Alabama, Clemson, Ohio State, etc. already. This would do nothing to cure that huge problem.