Report: Texas Longhorns & Oklahoma Sooners To Leave Big 12 For SEC Early?

Texas and Oklahoma are slated to depart the Huge 12 and be part of the SEC within the coming. Their departure is likely to be coming ahead of individuals anticipated.

In keeping with CBS Sports activities, there are actually “lively discussions” for the Longhorns and Sooners to depart the Huge 12 because the convention engages with TV networks for a brand new media rights deal. The 2 applications are slated to hitch the SEC on July 1, 2025.

On Wednesday, it was introduced that the Huge 12 would quickly enter into negotiations with its present media companions, ESPN and Fox. The Huge 12 contract is about to run out in 2025, thus taking part in a think about why Texas and Oklahoma are set to stay within the convention.

In keeping with CBS Sports, ESPN and Fox are anticipated to fulfill face-to-face with the Huge 12 within the subsequent a number of weeks. The convention can be set to develop come July 1, 2023, with the additions of BYU, Central Florida, Cincinnati and Houston.

The largest issue holding Texas and Oklahoma within the Huge 12 are the monetary penalties every faculty could be pressured to pay ought to they go away early. As of this month, each applications would pay $80 million in exit charges to depart in 2025. Any earlier departure would additionally enhance that quantity relying on the remaining years left on the contract.

Ought to Texas and Oklahoma elect to depart the Huge 12 early, this might harm the convention’s probabilities of including in a profitable contract with both Fox or ESPN. The 2 colleges are the highest-selling applications by way of rankings for the convention, and their departure would hamper all negotiations relating to record-setting numbers.

Huge 12 commissioner Brett Yormark has been open along with his ideas on Texas and Oklahoma leaving the convention early, calling it a “win-win” situation for all events. In Yormark’s situation, the Huge 12 would probably ask for the present price of $80 million it is owed for the exit of the 2 colleges coming into the following offseason.

In keeping with a number of reviews, Oklahoma and Texas have little interest in paying to depart early. As of right this moment, each applications intend to complete out their present contracts until the departure price have been to drop considerably. 

LonghornsCountry.com will proceed to maintain you updated on Texas’ standing with the Huge 12 all through the common season. 

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