From UT's position, I think the work around for Morris's buyout is very simple: an equal or higher buyout.
I forget the exact terms of Morris's current contract but it is a declining buyout based upon current salary and years of services provided and years remaining on contract. Regardless, UT if they want Morris right now has to figure out a way to drop $5M up front and provide at least a salary equivalent to $1.3M. UT could do it, but they have to justify the value (which honestly to me is hard to do).
So, if they want Morris, I think UT offers $1.5M or somewhere around there for a base of 3 years with a $6M buyout during those three years and then declining to $3M by the end of the contract. Assuming we expect to have him for 3 years, UT has then invested about $3M a year for an OC including the buyout but could recoup their investment plus $1M if another school comes calling. After the 3 years, the buyout gets less and UT has at least a chance to recoup a portion of the up front buyout.
Morris may be very good, but is he $3M a year good?