Today is the day that the Big 12 has its regularly scheduled with the league presidents, but after that press conference there is a scheduled press conference after the meetings that is expected to start at 6:30 p.m. ET.
The Big 12 has been all ¯_(u30c4)_/¯ in regards to what they will do in expansion. The latest reports come from both Pete Thamel of Sports Illustrated and Mark Blaudschun of TMGCollegeSports.com.
Both are reporting that the TV partners Fox and ESPN might pay the Big 12 to not expand and not allow the league to use the built-in pro rata clause that requires the TV partners to increase the media rights deal by $25 million per team per year.