Many forget but we played the last season in the B12 with zero income. Then I think we played a full season in the P12 before we got our first revenue payment. That two years was quite lean.I think you are reading way too much into that Big 12 exit fee. When a school announces they are leaving, the Big 12 will withhold money and that is something that the P12 would have done if there was one more extra year on the P12 GOR. That is why OU & UT announced the SEC move with a join date four years down the road and that was moved up one year to next year. If the Big 12 withheld $20M from OU & UT the last three years, they just have to pay the remaining $20M over an agreed upon timeframe.
The only way CU would do such a thing is if they are joining the B1G or SEC. That won't happen if the P12 invited the Buffs back in this case. And CU Boulder has a budget of over $2B. Money isn't necessarily much of a problem in this case.
>The University of Colorado accepted its invitation to join the Pac-12 on June 11, 2010, and on June 17, 2010, the University of Utah agreed to join the Conference.
>Jon Embree was named the school’s 24th full-time head football coach (and the 26th overall including two interim) in program history on December 6, 2010
I believe we were also saddled with buyouts from previous coaches.