Let‘s game the above out.
Fox Sports is not bidding. They probably have a vested interest in seeing the PAC 12 fold, so they can pick up 2-4 more teams on the west coast on the cheap for the BIG.
ESPN can pay $300 million for all of the teams, or it can still get the west coast After Dark content with a much smaller investment by having the four corner schools join the Big 12. They seem to have a vested interest in the PAC folding.
Amazon apparently wants only a few games, which seems to be consistently reported throughout.
Apple paid $250 million for MLS and I think the PAC is more valuable, so $300 million is possible. The only leverage the PAC has now is the prospect of a league collapse. If Apple doesn’t move at a decent number, then the league folds and all the content gets split between Fox and ESPN, boxing Apple out. They could be a junior partner on Big 12 content.
Apple and Amazon could partner, but those two behemoths hate each other.