Big 12 buyouts for Mizzou, A&M still need approval

The chairman of the Big 12's board of directors says the conference has agreed to terms with Texas A&M and Missouri on the schools' exit penalties but the league's members must still give final approval.

Oklahoma State President Burns Hargis said Friday that the schools agreed to the terms "long before" West Virginia's entry into the conference was finalized this month.

The university's board of regents voted Friday to grant Hargis power to execute final settlements, and he says every conference member must take a similar step before the arrangements are finalized.

Hargis refused to comment on terms. League bylaws call for 90 percent of the schools' payouts over the next two years to be withheld.

Conference spokesman Bob Burda also confirmed that the settlements had not been finalized.

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  • by Bill Location: Tuttle, OK on Feb 26, 2012 at 08:14 AM
    Let's see. A&M leaves the Big 12 to get away from Texas. Problem is, they will not get away from Texas. UT is still there and, now, the Aggies will not be able to brag about beating them. Plus, they will have to contend with LSU, Alabama and Arkansas yearly. That's a long way from K-State, Iowa State and Kansas. As for Mizzou, they might have some football power in the SEC East, but they are certainly going to miss Kansas when it comes tournament time next year in basketball. Going from half the arena filled with rabid Mizzou fans, they will go to the Georgia Dome with only about 300 of the 4,000 seats there. One would suspect by this time next year both schools will regret, deeply, their decison to leave the Big 12, but it won't happen as long as the present administrations are in power. Crow is awfully hard to swallow.
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