I just had an epiphany. What if this whole nauseating conference realignment actually makes things better for the Big 12? Consider the following potential conference divisions:
NORTH: Boise State, West Virginia, Kansas, Kansas State, Iowa State, Notre Dame
SOUTH: Oklahoma, Oklahoma State, Texas, TCU, Baylor, Texas Tech.
With these football powerhouses, the Big 12 could negotiate a contract with ABC/ESPN on par with the SEC simply by virtue of the football interest it would generate because of the power programs it would boast. And if the commissioner decided to push to become the nation's first super-conference, it could add an additional four: BYU and Cincinnati in the North, and Louisville and Air Force/Rutgers in the South.
This is an unrealistic dream-world scenario and no one would rightly take it seriously. But if we ever got it the league should jack up exit fees to the sky. I haven't heard much Boise State-to-the-Big 12 talk out there, but if Boise wants to ever be put on a national stage where its great records earn them respect in the BCS bowls (translate, "being given an NCAA title shot), then making the jump to a revamped Big 12 would make a lot of sense. Losing Nebraska was a real hit, but otherwise the football tradition of the Big 12 would be maintained and even improved. Even basketball breaks slightly ahead of a "push" considering the presence of Louisville, West Virginia, Cincinnati, and Notre Dame. I like the addition of these last four teams to toughen up Kansas' basketball schedule as well, hopefully better preparing them for the NCAA tournament.
In any case, with regard to Mizzou I am one who holds that Missouri hate > Kansas/Mizzou rivalry. I think it was Tom Keegan who pointed out that KU revenues from Missouri's exit would nearly pay off the buy out on Turner Gill's contract. If only for that reason alone I see Mizzou's exit as positive for Kansas University. It would also be a boon for the State as Kansas' major rival would be Kansas State.