The most likely explanation I heard was Michigan's Board of Reagents went around their own counsel, the local counsel, and made a deal in the best interests of something. In other words, caved. Also, heard Jim Harbaugh did not agree to this. Unclear if Michigan's AD or President agreed or not. Another rumor circulating before this was that Michigan was going to extend Harbaugh's contract the week of the Ohio State game. Time will tell if that happens or not.
To be clear, there is no “ deal”.
Michigan got nothing. They voluntarily pulled their TRO request- which dismissed with prejudice.
If you read the statement released by the University, it is nothing like the statement released by the big 10. Polar opposites.
You need to stop believing the stream of BS that has been fed to you by “Michigan insiders”. They have been dead wrong in everything. And they dragged the fan base with them.
The Big Ten did not stop It’s investigation because there never was a Big Ten investigation. The conference does not have an investigative arm or any investigation employees. They only got involved because the NCAA presented them with evidence and they felt the evidence was so strong and urgent that they had to step in because it involved games this season.
there could be any number of reasons why Michigan did such a violent about face from just a few days ago, where it was all about “us against everybody“ and”bet” and “ we have a manifesto, and we’re going to bring the other conference members down with us”
there is a lot of speculation out there as to the Y, but eventually it will all come out. Rumors of even more evidence and other coaches, being involved, rumors of the CMU thing having blown up, and several other rumors. A Ton of smoke, but who knows.