TEX/OU Exit deal set?

[El Paso Eagle]

Could give the league some $$ to help convince a PAC 12 team or two to come on over (Can't help but think they will strike back at the PAC 12 for entering Texas)

 

 

 

[TripleGrad]

Official

The Big 12 announces that the Conference has agreed in principle to terms with the University of Oklahoma and The University of Texas at Austin to leave the Conference following the 2023-24 athletic year, one year earlier than originally announced, subject to final approval from the OU and UT governing Boards. Compensation to the Conference for the early withdrawals of the two schools totals $100 million in foregone distributable revenues, which OU and UT will be able to partially offset with future revenues.

 

https://big12sports.com/news/2023/2/9/conference-big-12-announces-agreement-for-withdrawal-of-oklahoma-and-texas.aspx

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Edited February 10, 2023 by TripleGrad

[NT80]

Texa$ ha$ re$ource$.