UT, OU to leave Big 12 early for SEC after all - Dallas Business Journal

that the $50 million forfeited by each school will be split between the Big 12's TV partner, Fox, and the remaining eight Big 12 schools.

"We have always been committed to fulfilling our contractual obligations to the Big 12. The collegiate athletics landscape has continued to evolve rapidly, and working together to accelerate our exit produced benefits for all parties," UT Presidentstated."The Big 12 has been a respected partner for nearly three decades, and we look forward to a final season of spirited competition with our friends and rivals.

The agreements still need final approval from the governing boards of OU and UT, which seems highly likely. Since making clear in mid-2021 that it intended to move to the SEC, Texas had indicated it would stick with the Big 12 through the 2024-25 school year, if needed.

The departure of the Longhorns and Sooners the following year will drop the Big 12's ranks back to a dozen member schools.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rosewood Hotels to build Turtle Creek condo tower, Dallas Morning News reports - Dallas Business JournalRosewood Hotels & Resorts is teaming up with Dallas developer One Turtle Creek on a new condominium tower project, according to a report from the Dallas Morning News.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Architecture firm SCAAA adds Dallas office as part of expansion - Dallas Business JournalSCAAA, which designs hospitality and commercial projects in the Pacific Rim and in the U.S., is adding an office in Dallas-Fort Worth.
Source: DallasBizNews - 🏆 525. / 51 Read more »

JLL adds Kurt Griffin, Nathan Orbin to Dallas office - Dallas Business JournalWith 30 years of combined experience in industrial landlord and tenant representation, Kurt Griffin and Nathan Orbin have recently re-joined JLL as managing directors.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Alkegen selling automotive thermal acoustical business to Regent - Dallas Business JournalAlkegen’s TAS unit manufactures high-performance acoustical and thermal management insulation components for the automotive and transportation industries.
Source: DallasBizNews - 🏆 525. / 51 Read more »