Latest scuttlebutt....

SEC is trying to avoid a situation where they are dragged into a tortious interference or similar claim with the Aggies/Big XII/Fox/ESPN

To attempt to get around this, Aggies will withdraw from Big XII, citing lack of payment and failure of other parties to meet obligations of BIg XII agreement. They would then apply for membership to ALL BCS conferences and the SEC would accept them.

Apparently this helps mitigate lawsuit concerns. I am not sure.

I, personally, still think it all hinges on getting a 14th team and the SEC doesn't want to pull trigger until that is nailed down.