By Jackson Schneider
The universities of Oklahoma and Texas released a joint statement Monday, announcing their intentions to leave the Big 12 Conference upon the expiration of the grant of rights agreement in 2025.
The official statement leaves the remaining eight member schools in limbo for the remaining few years of the agreement. Rumors have begun to circulate surrounding the University of Kansas and the Big Ten, however, over the weekend those had been debunked as only rumors, for now. Outside of that, no other school in the league has a solid "fall back," option.
Now, the remaining time left in the grant of rights will create for a somewhat awkward few seasons around the conference, but fortunately, the notice allows the league and its member schools the luxury of time to figure out how to rebound from the change.