Similar situation for KRON-4-San Francisco a year or so before: after NBC lost the bidding war for the station in 1999, when the de Young family sold its Chronicle Publishing Co. assets, to Young Broadcasting, (the newspaper went to Hearst) NBC informed Young that they would require reverse-compensation. Young balked and took the station independent (which, unlike WJXT, hasn't worked out so well). Granite Broadcasting (then owner of KTNV-11-San Jose, which had just lost its secondary ABC affiliation) stepped up and promised to pay an ungodly amount of reverse-compensation ($300+ million per year, IIRC) with the stipulation that if Granite defaulted on any payments, NBC could exercise its right to take control of the station. Well, Granite defaulted (on the first payment, no less) and NBC got an O&O in market 5.