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Texas and Oklahoma are leaving the Big 12, Chip Brown reports Friday:
[T]he founding members of the Big 12, are leaving the league – and barring any unforeseen developments, will join the Southeastern Conference, a high-level source close to the situation told Horns247.
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.
The move paves way for Texas and Oklahoma to end up in the SEC, which could soon vote on adding the two schools to the conference.
Meanwhile, Texas and Oklahoma are prepared to wait until the current grant of rights agreement expires in 2025 before moving on from the Big 12.
“To leave earlier, Texas and OU would be contractually bound to give up their four remaining years of Big 12 television revenue, Brown says, “which would total nearly $160 million each (based on 2019’s $37.7 million payout per school) – although such situations in the past have been settled in court to allow both sides to move on.”
Assuming all goes as planned, the SEC is about to become a 16-team super conference. OutKick’s Clint Lamb wrote earlier this week that running a conference of that size could become difficult when it comes to scheduling. Thus, Lamb discussed dividing the new super conference into four four-team subdivisions, proposing the following:
Division A: Missouri, Oklahoma, Texas, Texas A&M
Division B: Florida, Georgia, Kentucky, South Carolina
Division C: Arkansas, LSU, Mississippi State, Ole Miss
Division D: Alabama, Auburn, Tennessee, Vanderbilt
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