This is not news, as it has been all over CFB twitter. While some folks are quick to call the conference a joke, they did manage to get the cash from their TV partners. That was the entire purpose of this excercise in the first place.
The plight of the Big 12 is not really a concern of North Texas — at least not directly. The trickle down effects we would experience as the G5 teams adjusted to the new landscape would be of concern. Right now we can rest easy, as the new deal with Fox and ESPN should quiet these rumblings until the next TV deal expires.