Texas, Oklahoma essentially confirm Big 12 departure in joint statement
It has been widely reported that Texas and Oklahoma are planning to leave the Big 12 to join the SEC, and the two schools have now all but confirmed that publicly.
On Monday, Texas and Oklahoma issued a joint statement announcing they have notified the Big 12 that they will not extend their grant of media rights beyond 2025, which is when the current deal expires. While the statement did not explicitly say the two schools will leave the conference, the message is clear.
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That may sound like it places an official date on when Texas and Oklahoma will leave the Big 12. However, USA Today’s Dan Wolken notes that the schools have a legal obligation to honor the grant of rights through 2025, but they could explore ways to leave the Big 12 sooner.
The Big 12 will have little relevance nationally when Texas and Oklahoma leave. That is why the conference is reportedly considering merging with another Power Five conference. Either way, a major shakeup is coming in college athletics.