Maybe not, but the fact that they've not challenged (so far as I or anyone else here has been able to find) the reports that we've backed out of the game. And it's common practice that, if one school backs out of a contract, they're bound to pay some penalty. So this isn't some giant leap of logic. If indeed we backed out, then it's not unreasonable to assume there's a financial penalty. You'd have to be pretty daft to not get this.
That said, maybe MSU gave us a higher buyout so it could save face and schedule an FCS team in our place, with the proviso that we keep quiet about it. If that's the case — and I really, really hope it isn't — it sure seems like we don't have a lot of respect for ourselves.
In any event, with the silence on this matter from Reinhardt Drive, it seems they're not too concerned with appearances. Which is a darned shame.