I still think UT and OU stay as well. They like being in charge and would lose some power if they leave.
Will ESPN/FOX really be that upset? Maybe, but in 9 years, there will be different executives in charge and lots can change. ESPN and FOX may be desperate for content to fend off other new media platforms.
But, I don’t believe ESPN/FOX all that upset as they now have more live content, with wider reach, about a highly publicized league. Teams added will make product better and more watchable. In a few years, everyone will treat new teams as “P5” and forget all about G5 stigma; same as they did for TCU and Utah.