Here's what I don't get. 1) MWC has a responsibility to protect the MWC. Individual schools do what is in their best interests.
2) The MWC identified a clear and obvious threat from facilitating the pac2 rejects. Schools (who are now the majority of the pac) in the MWC all agreed and generated the poaching fee clause. It is so obvious that it wasn't a poison pill but rather fiduciary responsibility to maintain the MWC.
3) The pac's subsequent actions prove beyond any doubt that point 2 was accurate foresight and that the poaching penalties are merely to protect the viability of the MWC.
4) A poison pill would be to accept a scheduling agreement with the pac2 rejects with no restrictions thereby guaranteeing the destruction of the MWC. Based on what happened, this is undeniably what would have occurred without the compensation for poaching the MWC.
5) The MWC identified a threat and put forth an agreement that would be accepted if that threat came to pass (as it did). There are 8 other conferences the pac2 rejects could have made a deal with. Stanford and Cal demonstrate the distance argument is null and void. If the pac2 rejects didn't like the deal, move on to one of the other conferences. If our offer was the best deal, then the market spoke. It wasn't a poison pill. It was the best deal the market would provide.
I realize I'm biased, but as I try to look at this unbiased, I can't see any logical argument the pac can make that would hold up in court.