Texas, OU staying in Big 12

Pac-10 commissioner Larry Scott confirmed that Texas has turned down an offer to join the Pac-10 and will stay in the Big 12. Oklahoma has announced that it will stay in the Big 12 conference as well.

Details of a new deal were not announced, but Big 12 commissioner Dan Beebe was able to come up with an 11th hour package that lured the Longhorns to stay. The rest of the remaining 10 teams in the conference are expected to follow, including Texas A&M, who has a chance to leave for the SEC.

Texas has scheduled a news conference for Tuesday morning.

Oklahoma President David L. Boren and Vice President and Director of Athletics Joe Castiglione released this joint statement regarding OU’s decision to remain in the Big 12.

“The decision to stay in the Big 12 represents a consensus position which resulted from a collaborative effort with our colleagues in the conference. We value the strong working relationship that has been reaffirmed during this process among the conference members. We intend to work very hard to make the conference as lasting and dynamic as possible. We appreciate the respect and interest that has been shown to OU during this process.”

The University of Oklahoma Board of Regents meeting scheduled for Wednesday, June 16, has been cancelled.

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