The Big 12 Presidents and Chancellors have agreed to invite TCU to the league. If TCU accepts, which it is anticipated that they will, it will be TCU’s 6th conference since 2005. A friend of mine gave them a suitable title, “Little Orphan of D-1.” Classic.
TCU is expected to pay a $5 million exit fee to the Big East — a conference they NEVER competed in — and will be a member of the Big 12 for the 2012-2013 academic/athletic year. TCU was scheduled to join the Big East on July 1, 2012.
Everyone is reporting it as a done deal, and it is expected to be announced later today.
TCU chancellor Victor J. Boschini told the Big East Thursday they have scheduled a board of regents meeting today where “we expect to accept an offer to join the Big 12.”
A statement from the Big 12: “Acting upon a unanimous recommendation of its expansion subcommittee, the Big 12 Conference Board of Directors this morning authorized negotiations with Texas Christian University to become the Conference’s tenth member, and instructed interim commissioner Chuck Neinas to immediately begin discussions with TCU.”
Missouri did not participate in the otherwise unanimous vote of approval to authorize negotiations with TCU and I’m hearing that if MU leaves (indications are they are out the door, but…) the Big 12 would expand to 12. if Missouri stays, the league will add just TCU and remain at 10.
A quick note about Missouri, it has been reported that Texas is considering making further concessions in order to appease Missouri enough to stay in the league. But is it too late? Texas could have done this last year, earlier this year and again a month ago, and hasn’t. Texas has given Missouri some of what it has wanted, but not all. Missouri has put their foot down, drawn a line in the sand and its saying, “its my way or the highway.” They won’t settle for a compromise. So, what is it that they want (and most, if not the rest of the league members would be happy with this too)? The end of the Longhorn Network and the construction of a brand new Big 12 Network.