The problem is that's a bullshit story. We know it's a bullshit story because Swarbrick agreed that the early reporting about the buyout being the obstacle that prevented a deal was accurate. There's no getting around that. If the real story is Ludwig was actually the real obstacle - that his interest in ND wasn't earnest -then Ludwig was the obstacle. It wasn't the buyout. In that scenario, there is no way JS would have confirmed the buyout was the obstacle. He would have point-blank said the obstacle was something other than the buyout. He may not have outright said Ludwig was trying to use ND as leverage for a better deal with Utah. He may have said something like, "The buyout wasn't the obstacle. There were other obstacles but the buyout itself wasn't one of them," and that would be an absolutely true statement if it was true that Ludwig and Utah were misleading ND about the buyout.
I don't doubt there is a story going around in ND circles about Ludwig being misleading, but I believe that is a face-saving bullshit story that is now being told to obscure what really happened. Swarbrick confirmed the buyout itself was the obstacle that prevented ND from making a deal while Ludwig was on campus. There is no getting around that.
Swarbrick has done that (intentionally) before, (mislead what happened).
He is a very savvy man & lawyer.
The buyout was an issue, not because of the price, but because how it was purposely misled to ND.
ND could have, and probably would have, paid the buyout, if it was given to them properly in good faith the first time.
The “buyout issue” was the fact that Ludwig’s representation sent ND an outdated contract the first time.
So no, it’s not “bullshit,” or “face saving.”