Expansion would just mean more power, wealth
(AP) — Barring a dramatic change of direction, Texas and Oklahoma are moving toward taking the Red River Rivalry to the Southeastern Conference in a seismic shift that will have repercussions in college sports from coast to coast.
According to multiple reports, the first and significant formal step of the process could come as soon as today with the two schools informing the Big 12 they will not renew the contractual agreement that binds conference members until 2025.
The Big 12 said Sunday night its executive committee of Texas Tech President Lawrence Schovanec, Baylor President Linda Livingstone and Commissioner Bob Bowlsby held a video conference with Oklahoma President Joe Harroz and Texas President Jay Hartzell.
“The meeting was cordial, and the Executive Committee expressed a willingness to discuss proposals that would strengthen the Conference and be mutually beneficial to OU and UT, as well as the other member institutions of the Conference,” Bowlsby said in a statement. “I expect that we will continue our conversations in the days ahead and we look forward to discussing thoughts, ideas and concepts that may be of shared interest and impact.”
If the Big 12 can’t get Oklahoma and Texas to reverse course, expect the lawyers to take over. An early departure could cost the schools well over $100 million combined to get out of that grant of rights.
But a pot of gold awaits in the SEC and having the Longhorns and Sooners linger as lame ducks doesn’t have much upside for the Big 12.
There is a good chance that come kickoff of the 2022 college football season, Texas and Oklahoma will be in the Southeastern Conference.