As we learn more about the Oklahoma/Texas situation, it certainly sounds like the two schools want out of the Big 12. Whether or not the SEC is in the future for the Sooners and Longhorns, the two schools are reticent to commit to anything beyond the Big 12’s current Grant of Rights.
The Big 12’s current Grant of Rights media deal is set to expire on June 30, 2025, after which it will negotiate for a new package. Right now, the SEC and Big Ten are ahead of their rival leagues in terms of media payouts.
According to Brian Davis of the Austin-American Statesman, the Big 12 has reached out to its member schools about signing an extension to its current rights package through 2030. Rather than do so, Texas wants to look into other options, Davis says, including a move to the SEC.
This supports the idea that the move is coming from the schools’ side, and not the SEC, though that conference would have to at least consider bringing on two giant football brands like the Sooners and Longhorns. It also indicates that the SEC isn’t the clear cut only option for Texas, but that the Big 12 probably has a lot of work to do to win the school back over.
As reported elsewhere, can confirm that Texas will likely send a letter to Big 12 of not wanting to extend its TV rights to the Big 12 next week.
— Brian Davis (@BDavisAAS) July 22, 2021
Around the time that the last major college football realignment occurred, and the Big 12 lost Colorado to the Pac-12, Nebraska to the Big Ten, and Missouri and Texas A&M to the SEC, there were heavy rumors that Oklahoma and Texas, along with Oklahoma State and Texas Tech, could be Pac-12-bound as well.
We’ve seen other, less specific rumors that have attached Texas to both the ACC and Big Ten, and the school, which has the Longhorn Network with ESPN, could even consider FBS Independence, becoming the second true college football power to do so in the modern day, along with Notre Dame. However things play out, it is bad news for the Big 12.