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you dont think that group of 18 could do better than the 4 mill per year per school the MW contract provides or the 5 mill per year per school the AAC gets?Right now the MW has a favorable media contract, negotiated near the peak of the market. If they rip up the MW conference, that media deal goes away and this new Pac18 would have to negotiate a new one in a down period for the market. Why would this collection of schools do well?
If Stanford and Cal can't get into a major conference then they may have to get creative with an undersize conference and some kind of scheduling alliance with other leagues to add games.
i think they could do a couple mill better with a mix of linear and streaming e.g. nbc + apple or amazon
but if that 18 cant do any better, than stanford and cal certainly cant on their own as indies with their olympic sports in the WCC.