According to Sports Business Journal, ESPN and FOX do not want to pay out rights fees to possible new members.
The past few weeks have been stuffed with stories about progress on the Big 12 expansion front. During its media days, the Big 12 officially announced it would be exploring expansion candidates. Then rumors circulated that the conference would like to finish the process before football season while the American Athletic Conference acknowledged some current members may be poached.#Big12Confirmed, my friends, was really getting going.
Cue the record scratch.
According to Sports Business Journal, ESPN and FOX are not so happy about this whole Big 12 expansion business and have showed up to shut down the party like neighbors making a noise complaint.