This is my synopsis of the process of conference expansion.
Jim Delaney: We are going to study expansion of the Big Ten. It will be a thorough and deliberative process that may last 18 months. We will begin the process, involve the member schools, develop several committees, and move forward deliberatively.
Larry Scott: Hmm.
Jim Delaney: Mary Sue and Gordon, kindly contact Texas whilst I have a brandy with Jack over at Notre Dame. Cocktails are scheduled in four weeks time. You may report back then.
Larry Scott: Where did I put that number for the Texas AD?
Jim Delaney: We are in the proverbial catbird's seat! Smithers, stop that infernal babbling and pour me my brandy!
Larry Scott: If I can get Texas I can get the whole B12 South and go to 16 teams at once.
(Media reports circulate about schools discussing their options)
Jim Delaney: we are following our process, which if necessary can be accelerated from 18 months to an exceedingly brisk one of 12 or perhaps even 10. I'm waiting to hear back from Texas and then watch out!
Larry Scott (reporting back to the school Presidents): It's done. Texas, A&M, Tech, OK, OK St., and Colorado will join. Our projected revenue will skyrocket with the new contract, and we'll have 3 of the top 6 football programs in the country.
(Media reports that PAC 10 will expand by 16 teams)
Jim Delaney: Wait, what?
Larry Scott: If you have a milkshake, and I have a milkshake, and I have a straw. And my straw reaches acroooooooosssssssss the room, and starts to drink your milkshake....
So this isn't entirely fair, but close enough in my view. If ND comes aboard along with Nebraska, then history will revise this view. If not, it's pretty accurate IMO.