12:50 p.m. CT: And we 're done. Slive doesn't take questions. SPECULATE ABOUT LOUISVILLE.
12:45 p.m. CT: Project X is now Project SEC. Slive hints that it's a network, but won't say.
12:42 p.m. CT: Slive talking about the SEC Network -- the one that already exists.
12:35 p.m. CT: Slive just quoted Winston Churchill. Really.
12:30 p.m. CT: Slive is talking about "pre-eminent competitive success." Only a lawyer could make sports dominance sound boring.