So much for two years of UT vs. UH. The two SEC-bound schools will still have to approve their earlier departures, but they're poised to leave earlier than the previously planned June 2025.
UT and OU would have to forego a total of $100 million in distributable revenues, including TV rights money, in order to leave.The last time Texas got a wandering eye for alternative conference affiliations, it fueled a series of realignment in college sports that nearly killed the Big 12.
UT and OU were previously slated to leave on June 30, 2025, but the deal allows them to exit after the upcoming 2023-2024 athletic year in July 2024.The move is subject to final approval of the school's governing boards, and compensation to Big 12 would total $100 million in foregone distributable revenues, like TV rights money, between the universities.
"By reaching this agreement, we are now able to accelerate our new beginning as a 12-team league and move forward in earnest with our initiatives and future planning," Big 12 Commissioner Brett Yormark said.The collegiate sports league will operate with 14 schools this coming fall after the debuts of the University of Houston, Central Florida, Cincinnati, and Brigham Young University.
The Houston Cougars already announced they will face Big 12 conference-mate Texas in football on Oct. 12, marking the first time in 21 years the schools faced off and the first time in 28 years as teams in the same conference. The new development limits UT and UH matchups in the Big 12 to just one season.
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