In what many have called a concession by Texas in order to promote Big 12 harmony, it agreed to equal revenue sharing of Tier 1 and Tier 2 media rights among conference members. Texas didn't give up much financially in that deal and figured it would keep the conference together while eliminating the noise surrounding the Longhorn Network.
But what about Oklahoma? For them, they gave up the same money that UT did but they don't have the LHN to fall back on. In short, Sooner got screwed.
Check out the following write-up that an OU board shamelessly lifted from a TTU board, was in turn shamelessly lifted by the CU Rivals board, and I am in turn shamelessly lifting for the edification of the AllBuffs faithful:
THE LATEST ON THE BIG 12 SAGA
It would seem at this point that, one way or the other, the Big 12 as we know it now is not long for this world.
Level has talked with multiple sources in five different Big 12 cities and have learned some interesting details on the movement to "save" the Big 12.
First, as has been reported elsewhere, officials at the highest levels of Oklahoma and Texas A&M are extremely upset at Baylor. This fury, specifically on the OU side, is what could ultimately drive the Sooners west.
Baylor's Kenneth Starr is telling his counterparts around the league that his institution will definitely follow up on their threat to sue the SEC if Texas A&M leaves the Big 12.
The Big 12 CEOs are set to meet on Thursday -- it is not known yet if this is going to be a face-to-face meeting or a teleconference -- to discuss the situation. That being said, from talking to folks in Norman, Level doesn't think you can rule out the possibility of OU making a decision before then.
There is a movement inside the Big 12 to save the conference. From what Level has heard, the league's television partners have indicated that they would not look to make significant changes to their deals with the Big 12 -- slight changes in terms of payout, but they would not require the league to expand and get back to 10.
Texas has made it known that it would agree to sharing the conference's first and second-tier revenue equally. Oklahoma is understandably not thrilled about that idea -- OU would probably stand to lose money if the conference went to equal revenue sharing, whereas UT's Longhorn Network allows it to bend a bit on this issue.
The topic of expanding the conference is currently on ice.
Here's the kicker: if Oklahoma does decide against joining the Pac-12, the Big 12 Conference would still cease to exist. There is a proposal that is currently under consideration that, if enacted, would dissolve the Big 12. The remaining nine schools would then reform as a completely new conference, complete with a new home office, new bylaws, new name, new leadership, new everything.
Those new bylaws would include a provision that effectively makes it impossible for a member institution to leave the league. Essentially, if an institution did leave this new conference, the league would have their television rights for a period of three to six years.
It is still very possible that Oklahoma, and by extension Oklahoma State, will leave for the Pac-12. Level hasn't heard anything tonight that implied that OU's position has changed.
At this point right now, Level thinks that one of two things will happen -- Tech will go to the Pac-12 with Oklahoma, Oklahoma State and Texas, or Tech will remain in a reformed Big 12.
- Staff
But what about Oklahoma? For them, they gave up the same money that UT did but they don't have the LHN to fall back on. In short, Sooner got screwed.
Check out the following write-up that an OU board shamelessly lifted from a TTU board, was in turn shamelessly lifted by the CU Rivals board, and I am in turn shamelessly lifting for the edification of the AllBuffs faithful:
THE LATEST ON THE BIG 12 SAGA
It would seem at this point that, one way or the other, the Big 12 as we know it now is not long for this world.
Level has talked with multiple sources in five different Big 12 cities and have learned some interesting details on the movement to "save" the Big 12.
First, as has been reported elsewhere, officials at the highest levels of Oklahoma and Texas A&M are extremely upset at Baylor. This fury, specifically on the OU side, is what could ultimately drive the Sooners west.
Baylor's Kenneth Starr is telling his counterparts around the league that his institution will definitely follow up on their threat to sue the SEC if Texas A&M leaves the Big 12.
The Big 12 CEOs are set to meet on Thursday -- it is not known yet if this is going to be a face-to-face meeting or a teleconference -- to discuss the situation. That being said, from talking to folks in Norman, Level doesn't think you can rule out the possibility of OU making a decision before then.
There is a movement inside the Big 12 to save the conference. From what Level has heard, the league's television partners have indicated that they would not look to make significant changes to their deals with the Big 12 -- slight changes in terms of payout, but they would not require the league to expand and get back to 10.
Texas has made it known that it would agree to sharing the conference's first and second-tier revenue equally. Oklahoma is understandably not thrilled about that idea -- OU would probably stand to lose money if the conference went to equal revenue sharing, whereas UT's Longhorn Network allows it to bend a bit on this issue.
The topic of expanding the conference is currently on ice.
Here's the kicker: if Oklahoma does decide against joining the Pac-12, the Big 12 Conference would still cease to exist. There is a proposal that is currently under consideration that, if enacted, would dissolve the Big 12. The remaining nine schools would then reform as a completely new conference, complete with a new home office, new bylaws, new name, new leadership, new everything.
Those new bylaws would include a provision that effectively makes it impossible for a member institution to leave the league. Essentially, if an institution did leave this new conference, the league would have their television rights for a period of three to six years.
It is still very possible that Oklahoma, and by extension Oklahoma State, will leave for the Pac-12. Level hasn't heard anything tonight that implied that OU's position has changed.
At this point right now, Level thinks that one of two things will happen -- Tech will go to the Pac-12 with Oklahoma, Oklahoma State and Texas, or Tech will remain in a reformed Big 12.
- Staff