The FCC has pulled the spectrum incentive auction order off the agenda for Thursday morning's meeting, meaning the item has already been voted on by the commissioners.

The FCC plans to drop dynamic reserve pricing, an approach to TV station pricing in the incentive auction that broadcasters had argued would artificially lower their payouts.

Some broadcasters will be in for a huge payday, while for many others there is no money on the table and lots of potential disruption as the FCC repacks them into tighter quarters.