Hah! Well, I was 4-5 bourbons deep when I made that comment but it is part of what I do. Not much you could read from this, other than it's obvious they discussed the situation before the show. While Meyer wasn't angry, he wasn't happy they brought it up. At first, I don't think he understood the "elephant in the zoo" comment to be referring to him and Texas. When he realized what they were laughing at, he went defensive, fake smile, shook his head, and looked down to gather his thoughts. His second reaction was chuckling, leaning back in his chair, and jabbing back at Quinn. Projecting confidence and trying to brush it off. The initial reaction suggests the issue of possibly joining Texas is/was real in his mind. If it wasn't, he probably would have skipped straight to the second reaction.
There was another exchange, I think later in the show, where someone (Stone?) mentioned "ulcers in Ohio," and Meyer said "what do you mean?" When he thought they were bringing up Texas he again went defensive until he realized they were talking about covid--not Meyer taking all of tOSU's corches and 'cruits.
I have no information, but given the way this has gone down so far, I tend to think Texas's discussions with Meyer are not over.