I don't know why everyone is saying that the SEC can rip up the ESPN deal... they can't. It's a contract. They can ask ESPN to renegotiate, but ESPN does not have to accept. There is a clause that is quoted in contract often, but is misinterpreted. Essentially it is an out for ESPN. If the SEC were to LOSE a member, it gives ESPN the right to renegotiate...
This is why the SEC expanding now makes zero sense to me. The reason why the G1G can expand whenver is because since we have the BTN, tv revenue windfall would happen IMMEDIATELY. You didn;t see us renegotiating our broadcasting rights when we added Nebraska did you? The Pac10's rights were up for bid last summer, so it was perfect timing to expand. When te ACC went to twelve, same deal. Right now, everyone (besides the B1G with the BTN) is stuck with their current tv deals for quite some time. So, adding two new members to the SEC would actually make it so each team would get less of a percentage of the SAME pot... makes no sense