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Report: Big 12 Considers Increased Revenue Shares for Texas, OU to Prevent SEC Move

As Texas and Oklahoma appear destined to depart for the SEC, the Big 12 does not appear to be going down without a fight.

Big 12 officials are reportedly considering restructuring the league's revenue sharing system, according to Dennis Dodd of CBS Sports. The group is proposing an increase of a half-share for each school, bumping the annual payout to approximately $56 million per year. The other eight schools would have their shares decreased to cover the cost.

Big 12 schools currently make around $37 million per year from the conference's media rights agreement, which includes bowl games and the NCAA tournament, per Dodd.