Texas and Oklahoma are heading to the Southeastern Conference in 2024, a year earlier than originally planned, after Big 12 officials cleared the way Thursday for the storied programs to exit their league.
Texas and Oklahoma will leave behind the $50 million each school would have received over the next two seasons under the Big 12′s media contracts.
BYU, Central Florida, Cincinnati and Houston are joining the Big 12 prior to the 2023 football season, giving the league a temporary membership of 14 schools. “We are continuing our preparation for this membership transition, and we look forward to welcoming the conference’s new members and moving into our future as a 16-team league,” Sankey said.
Money has been a driving factor in the shifting landscape of college athletics realignment. The SEC reported a revenue distribution of $49.9 million per school for the 2021-2022 school year, exceeding by more than $7 million what the Big 12 distributed to its members for the same period.
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