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Your post made me wonder: if expansion was a draft and both the SEC/Big 10 had their pick of any other school, how would it go?

Big 10: ND
SEC: Texas

Snake draft would be:
SEC: OK
Big 10: UVA? Washington? Colorado?

Or would Big 10 take Texas first knowing ND could be their number 2, in which case the SEC takes OK/Kansas?

I know it doesn't work like a draft, but does make me think about expansion strategy.
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I think you answered the question... everyone would take Texas first and then let the cards fall from there. Texas is the linchpin that it seems many schools are awaiting to make their own decisions. With Texas, each conference backfills toward their core with programs that fit their profile. The PAC, BIG, SEC, and ACC could all talk themselves into UT being right for them assume the Longhorn Network issues are worked out. Must be nice to always be courted; you only have to take sweetheart deals.