Nailed it CiB
It's all posturing (and Sankey bringing FSU to heel for its incessant public whining)
1) The SEC commissioner and his SEC presidents want nothing to do with lawsuits
2) Sankey doesn't want to be seen as back-stabbing his buddy Jim Phillips
The media rights and CFP money will work itself out and none of the the 16 current SEC members will take a penny less if the conference expands again (they may well get a boost as a trade-off for the commissioner and ESPN adding more teams).
JMO, Sankey is waiting for the FSU/Clemson suits to move toward settlement, but, more importantly, the clock to run out on ESPN opting in for its 2027-2036 deal with the ACC.
That fish or cut deadline for that decision is Feb. 1, 2025 — 6½ months from now.
ESPN opts out and the ACC falls apart quicker than a Mark D'Onofrio defense