The option to terminate the agreement if certain schools leave is on ESPN. It doesn't appear to be an auto-term.
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NBC Sports Network's contract divided the league into Group A (Connecticut, Cincinnati, Houston and Temple) and Group B (the remaining members), sources said. The media rights deal can be terminated if either two Group A schools leave or one Group A and one Group B school leave. If two Group B schools leave, the contract will be renegotiated, sources said. This does not include any schools that already have announced they are leaving, such as Louisville, Rutgers, Notre Dame, Pittsburgh or Syracuse.<<