No. You are wrong. Teams want to play BYU for the revenue. PAC schools scheduled BYU during the 1990s. The term is, "beat down the doors" to play BYU.
The ADs wanted BYU to replace some of the weaker PAC teams.
"In at least one circle, BYU received unofficial overtures to join the Pac-10 ranks in the 1980s. Former Cougar athletic director Glen Tuckett says if Pac-10 athletic directors would have had their way, BYU would have been invited a long time ago. But it's the presidents who call the shots and they've been resistant to the idea of BYU being in the Pac-10.
"On the AD level, they told us they'd love to have us," Tuckett said. "On the presidential level, it was a different story.
But we were always an attractive entity. The Pac-10 would have traded Washington State, Oregon State and Oregon in on us at any time."
Apparently, Pac-10 ADs are still infatuated with BYU. Athletic director Rondo Fehlberg says almost every Pac-10 school is beating down the door to schedule the Cougars. During the upcoming football season, BYU continues home-and-home series with Washington and Arizona State while Cal and Stanford are listed as tentative opponents on future schedules.""
Which would Pac-10 prefer: BYU or Utah? – Deseret News
This article quotes "The Atlantic" as saying that the PAC failed because they didnt pick BYU and instead picked Utah...
"Experts say Pac-12 really could have used BYU when it comes to media rights negotiations The Athletic’s Stewart Mandel, Forbes’ Jim Williams sound off on the value of BYU in TV negotiations, expansion"
Why BYU would have been an asset to Pac-12 during media negotiations – Deseret News
Why BYU would have been an asset to Pac-12 during media negotiations – Deseret News
https://www.deseret.com/1998/7/12/19390681/which-would-pac-10-prefer-byu-or-utah/