NORMAN, Okla. — The University of Oklahoma and University of Texas will not renew their grants of media rights with the Big 12 once it expires in 2025.
The Sooners and Longhorns issued a joint statement Monday:
The University of Oklahoma and the University of Texas at Austin notified the Big 12 Athletic Conference today that they will not be renewing their grans 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,Joint Statement
Rumors have surfaced that the schools plan on joining the SEC, a move the University of Missouri made in 2012.
The Big 12 conference responded the the announcement saying they are disappointed, but understand that college football will look very different in 2025.
“Although our eight members are disappointed with the decisions of these two institutions, we recognize that intercollegiate athletics is experiencing rapid change and will most likely look much different in 2025 than it does currently,” stated Commissioner Bob Bowlsby. “The Big 12 Conference will continue to support our member institutions’ efforts to graduate student-athletes, and compete for Big 12 and NCAA championships. Like many others, we will use the next four years to fully assess what the landscape will look like in 2025 and beyond. The remaining eight institutions will work together in a collaborative manner to thoughtfully and strategically position the Big 12 Conference for continued success, both athletically and academically, long into the future.”Big 12 Statement
The move could impact the Power 5 conference landscape by essentially making the SEC a super-conference.
Former Big 12 quarterback for Texas Tech and current Kansas City Chiefs signal caller Patrick Mahomes reacted to the rumors saying he hopes the Red Raiders can make a move that benefits them as well.
“They’re doing whatever’s best, they think’s best for them and hoping that Texas Tech finds a way to do something similar or find a way to build the conference back up so that when we compete, when we’re winning games, we can have a chance to be in those playoff games,” Mahomes said.