You lost me there. Washington State pays their head football coach $600,000. OU pays it's head football coach $4 million. Bob Stoops made $750,000 his first season at OU.
Texas has the largest athletic department budget in NCAA sports, and already spends more than OU by approximately $50 million. LB hit it on the head. As long as OU beats Texas on the field, (which they have done pretty well over the past decade) OU will be perfectly content to let Texas bring in their millions. From 2000 to 2010 - OU won 7 Big 12 Championships. Texas won 2. OU is 7-4 against Texas over that same span.
It will be interesting to see what happens at OU in 10 years. I do not think Bob Stoops will still be head coach in a decade; this is already his 14th season at OU. (By comparison, Barry Switzer coached at OU for 16 seasons, Bud Wilkinson coached at OU for 17 seasons) Stoops' replacement will have big shoes to fill. At the same time, I do not think Mack Brown will be the head coach at Texas in a decade. (Mack Brown will be 60 in a month, Bob Stoops will be 51 this fall) If Texas drops off a couple more seasons like last season, Mack Brown might be gone before he even gets to spend the ESPN money.
It's not about what they're paying now, it's about what they'll be able to afford in another 10 years. Washington State will be able to afford to pay it's coaches better than OU in another 10 years. If the Big 12 doesn't fold, the natural evolution will have UT squeezing more and more out of the conference. OU and A&M are the favored children - for now. There's nothing preventing UT from squeezing them down to the level of all the rest of the poor schmucks in the conference. And you're kidding yourself if you don't think that will happen - it will. Meanwhile, in Pullman, WA, they just hit the freaking jackpot. $4MM for a football coach? Sure, why not? They're getting $21MM/Year from the TV contract alone. That's just the tip of the proverbial iceburg. Chances are that by the time Larry Scott is done, each team in the Pac 12 will be pulling in excess of $30MM/Year before they play a single game or sell a single ticket. You think OU will be able to compete with that so long as UT is pulling the strings? Forget competing with USC, Florida, Ohio State, LSU, Alabama... OU won't be able to compete with Oregon State.