Hard to imagine any school would view this deal as close to competitive with the BIG12 deal.I think the number is around 20 million per team and can increase based on number of subscriptions.
To match the big 12s 31 million, they would need something like 30+ million subscribers - which is equivalent to the number of total apple TV subscribers right now.
Sounds like Arizona is a done deal. Be interesting to see what happens next. I would think the BIG12 makes Oregon and Washington say no, before making any other moves.