It is now official. The University of Texas and the University of Oklahoma are leaving the Big-12. The schools shot a joint letter to the conference, today, saying that they are not renewing their media rights when they expire in 2025. It paves the way for an apparent move to the Southeastern Conference. Realignment rumors have been buzzing since reports surfaced last week, that the schools were eying a path to the SEC.
The universities released the following joint statement:
The University of Texas at Austin and The University of Oklahoma notified the Big 12 Athletic Conference today that they will not be renewing their grants of media rights following expiration in 2025. Providing notice to the Big 12 at this point is important in advance of the expiration of the conference’s current media rights agreement. The universities intend to honor their existing grant of rights agreements. However, both universities will continue to monitor the rapidly evolving collegiate athletics landscape as they consider how best to position their athletics programs for the future.