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Yvonne, that's not how I remember it playing out in the press. From what I understand, we wanted to preserve those annual match ups as much as the SoCal schools. IIRC, they needed at least 8 votes on conference alignment and Stanford/C.al weren't going to vote in favor of us being the North without these required games. Stanford (and Cal) get great tv exposure, increased ticket sales, increased access to SoCal recruiting, and favorable alumni relations through these games.
The downside of having a tougher path is not that big; without the grantees, we would be playing them 2/3 of seasons anyway. In fact, you could argue there's more upside to ensuring we have them, from a strength of schedule standpoint. Can you imagine how we would have been viewed this year without the U.SC win? Without U.SC on our schedule, we don't have a lot of "quality wins" to point to when making an argument for BCS consideration. UW? C.al? ND? Not exactly murderers row. But beating U.SC, in LA, was brobdingnagian for us, especially with the way the Condoms finished the season.
And why would the Pac12 care if ND made that scheduling request? If anything, the rest of the Pac12 is annoyed by the arrangement because it causes more headaches in creating schedules to have on Pac12 team playing a late season OOC game. They only cared because USC and Stanford made the request, knowing that the extension of the rivalry game was contingent on the ND visit being in November.
I will concede that following the expansion we've probably lost clout, if only because every school's vote gets diluted when you grow the clubhouse. Someday we may regret ceding all of this control and influence to the Commish and a bunch of interloper schools.