O.K., I'm a business lawyer and you lost me at the first bullet point. Who is to say that the purpose of a GOR is to protect a media partner? Why, nobody sherlock. In fact, you made clear about two pages ago that the purpose of the GOR, tied to a conferences's by-laws, is to restrain schools from leaving a conference, ending a business relationship and competing against its former business partners. That, in its simplest form, has many of the indicia of a per se violation of the Sherman Act because its entire purpose is to prohibit competition. And the more punitive it is (by, as you eloquently stated earlier, not letting a school share in the funds from a media contract even while their home games are included in it), the easier the argument is that a per se violation exists.
Do I know that a court won't uphold one of these? No. I'm an M&A lawyer, and I've learned in my field that you never know what a judge will say and anyone who pretends that they do is full of it. But if anyone has convinced you that these provisions are failsafe, and will prevent a school from leaving a conference, they are full of it as well because there are arguments on both sides and we won't know until it gets to a judge.
And, before Nelson or someone tells me why they are sure of the answer, I have a busy day today and unless someone wants to convince me both that they are a lawyer and that they have a real reputation where people actually value their opinion on complicated matters I'm just not going to debate you further. That is my point and people can take it for what it's worth or not.
Good day.