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Oklahoma Sooners Football: OU and Texas release joint statement, will not renew Big 12 grant of rights

On a balmy Monday morning, the Oklahoma Sooners and Texas Longhorns released a joint statement notifying the Big 12 Conference of their intentions not to renew their grants of media rights that are set to expire in 2025.

Since this whirlwind of a news cycle first began to roll last Wednesday, this was the expected next step for both OU and UT. Now, all signs point to the SEC being the destination site at the end of all of this.

So when will this move officially come into effect?