This is old news b/c the Big 12 had agreed in principle to the extension on their current contract which was suppose to run out 2015-16. The new deal run through 2023-24, but there is one holdup. The GOR is the problem and the lesser teams of the Big 12 are debating on should they sign away their rights for the next 6 to 8 years. Teams like Texas and OU can walk away from the Big 12 and think nothing of the penalty from the GOR, but the rest of the league can't. This is why the Big 12 commissioner is making the rounds to every school to convince them this is in their best interest. Both Iowa St. and Kansas have said the commissioner is a yes man for UT. There was the issue of Texas Tech willing to pull out of a game against Texas St. because they were being force (league office & ESPN) to show the game on the Longhorn Network (UT tier 3 rights). Texas Tech doesn't want to help UT at their expense. TT was willing to go as far as dropping the game. TT was able to avoid the situation when the Big 12 commissioner caved in under pressure from local Texas state politicians. Believe it or not the Big 12 is still on shaky grounds. It's part of the reason they start a lot of rumors to keep others unsettled and looking around while they patch up their problem. Anyone who thinks the Big 12 is better and more stable is fooling his or herself. They lost 4 teams which is greater than anything the BE has ever experienced. Nebraska can't not be replace by the schools the Big 12 have invited. In 20 seasons in the Big 12 NU has won 3 national championships. A&M may not win enough, but there is no denying A&M adds to the myth of the Texas rivalry. Missouri is a solid team that takes away 2 large markets from the Big 12. Colorado hasn't been much since the Dan Hawkins hiring, but before him they have won 3 Big 12 titles in 20 seasons and do have a national championship to their name back in 1990. The Big 12 is doing a solid job of hiding their pain by hitching a ride with the SEC and bad mouthing BE and the ACC which both represent a serious threat to the survival of the Big 12. If the BE gets the huge TV contract as some expect ($17 to $20 million) and FSU and Clemson say thanks but no thanks, then the Big 12 has probably reached it max in earning potential. BYU is likely off to the BE for that type of money and there isn't much left for the Big 12 to choose from. Why Colorado St.? Tulsa? Nevada? The Big 12 is running a hellva propaganda story and so far folks are buying it. Look pass the BS and see the hardcore facts and events that have taken place over the last 2 years to see the Big 12 might be in worse shape than either the BE or ACC. Why do you think the BE commish Aresco has taken a few comeback shots at the Big 12 commish. There was a report, I believe on CBSsports.com, that mentioned the Big 12 has the least growth potential of any of the Big 6 conferences. In fact it stated that it could be endangered unless they go completely outside of the box to grow. In other words there are few teams in that region that offer much and they would have to go to the east coast or weast coast to expand with worthwhile teams. That why FSU, Clemson have been mentioned, but it's a long shot b/c of Texas presence.
Thank you! This is what I've been saying. The Big XII is still dysfunctional. It really helped to push the other four teams out.