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The original was posted on /r/cfb by /u/RockBottomBuyer on 2023-08-11 23:09:46.
"Initially, conference executives, including Schulz, believed only the four remaining schools held voting power and control of whatever assets remain.
That conclusion has not been confirmed by the lawyers.
“We have to figure out how to operate the conference and who is empowered with the decision-making,’’ Schulz said. “It turns out that’s not as trivial as everybody thinks.” "
Nothing is ever simple!