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Texas, Oklahoma’s Big 12 Exit Could Have Cost $60M More

Sep 22, 2023

For Texas and Oklahoma, the price of leaving the Big 12 in 2024 and joining the SEC a year early could’ve been much higher.

In 2021, when the two schools announced their decisions to leave the Big 12 in 2025, reports pointed to $160 million in forfeited TV revenue if the Longhorns and Sooners joined the SEC any earlier. However, earlier this year, when the Big 12 announced Texas and Oklahoma would depart in 2024, the cost was stated as $100 million combined.

Now, new details of the buyout reported by USA Today are showing the convoluted nature of the agreement — and frustration from remaining Big 12 members.

Source: Front Office Sports

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