Oklahoma and Texas have reportedly made a final decision on whether they want to remain in the Big 12. According to Chip Brown of 247Sports, the founding members of the Big 12 are on their way out.
Brown is reporting that Oklahoma and Texas will join the SEC. This move has been rumored for the past few days and has sent the college football world into a frenzy.
“Texas and OU officials plan to inform the Big 12 on Monday that they won’t renew when the league’s grant of rights expire in 2025, a step that clears the path for the SEC to formally consider adding Texas and OU,” Brown wrote for 247Sports.
If the Longhorns and Sooners want to leave the Big 12 earlier than expected, they would have to give up the four remaining years of TV revenue. Brown believes that would result in the schools surrendering $160 million each.
BREAKING: #Texas and #Oklahoma – the founding members of the @Big12Conference – are leaving the league, sources tell https://t.co/RFQ2dWVupn.https://t.co/K0WFqSfSeT.
— Chip Brown (@ChipBrown247) July 23, 2021
Texas insider Kirk Bohls of the Austin American-Statesman reported that Texas and Oklahoma have been working on this deal with the SEC for a minimum of six months. That would explain why it feels like negotiations are moving so quickly this week.
If this move gets approved, the SEC would expand to 16 teams. The SEC is already considered the best conference in football, so the additions of Texas and Oklahoma should only help its cause.
Things could change at any moment, but for now, it looks like the Longhorns and Sooners are leaving the Big 12.
The post Oklahoma, Texas Reportedly Make Decision On Leaving Big 12 appeared first on The Spun.
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