Updates 9/2:

-Texas and Oklahoma have accepted SEC invitation to join for July 1st 2015.
-B1G/PAC/ACC have formed a scheduling alliance for 1H/1A in non-con FB schedules.
-The PAC has announced as of 8/26 they will not be expanding.
-OSU football coach Mike Gundy says the plan is to keep the XII intact until 2024.
-The XII TV deal without UT/OU is supposed to be worth 9 to 15 mil per school.
-ESPN has told the AAC they'll increase the TV contract if they take 3-5 XII schools.
-AAC believes they also belong in the alliance but like the XII have been shut out.
-XII wants the strongest FB conference moving forward
-The Athletic is reporting the XII plans to expand by 4 and that BYU, UH, UC and UCF.
-If the AAC loses 3 that will leave them with 7 all sport FBS members/8 in FB.

The AAC is about to take a major hit. One of the challenges at this level is the exit fees and do you want to pay them to join this group. CUSA schools would because of being stuck with 14 members and in the same footprint.

At the same time the exit fees for the AAC are also prohibitively high, 10 million for a 27 month notice. While it might make sense for Temple to look elsewhere the fact they will have incoming exit fees from UC/UH/UCF to pad the loss of TV money and the AAC will probably try to keep it at 10 to minimize the per school payout.