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Now on the one hand, Nebraska's move seems like a terrible loss of tradition.
Rivalry games against teams like Colorado and Oklahoma will be a thing of the past.
Nebraska seemed like it belonged in the Big 12, but this move will help both conferences.
First off, it gives the Big Ten what it desperately needs: A championship game.
We have all seen what happens to Ohio State after their long lay-off between the Michigan game and the championship game.
All too often, the schedule seems to have some weird quirk where a team like Michigan State does not have to play Ohio State.
This may not eliminate the lucky schedules, but it will certainly improve the overall depth and respectability of the Big Ten.
Meanwhile, the Big 12 have found a blessing in disguise.
The inequity between the Big 12 North and the Big 12 South has been laughable for years. While Texas has struggled and Nebraska and Missouri are playing well, the South may be one of the deepest divisions around.
If every Big 12 team plays each other, it will make for a much better season. It also helps us avoid some of the ugly conference championship games we have seen in past years.
Conference re-alignment may not have hit the doomsday scenarios we once predicted, but this is a move that both sides should be thankful about.