On Monday morning, following the timetable quickly established last week, the Texas Longhorns and the Oklahoma Sooners released a joint statement officially announcing both school’s intent to leave the Big 12 Conference.
The University of Texas at Austin and The University of Oklahoma notified the Big 12 Athletic Conference today that they will not be renewing their grants 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.