Baylor is about to get left out in the cold when the Big XII splits up. This is Ken Starr's last ditch effort to block A&M, and hopefully delay the talks between Tx, OU, and the PAC-X.
I am also curious what sort of lawsuit they could even file. I thought the Big XII agreement had a buyout clause, which essentially is liquidated damages for breaking the deal, and should prevent seeking any further damages. Perhaps there is some other theory, though, since A&M's move is basically destroying the conference, not just causing financial harm.