The Big 12 (minus Colorado and Nebraska) is remaining intact. The University of Texas, which presumably was the Pac 10's primary target, worked out a favorable television agreement to stay with the Big 12. Under the new agreement, UT retains the right to create its own "Longhorn TV Network," in addition to the Big 12 leaguewide package. A solo network for UT apparently would not have been possible within the Pac 10 deal being discussed.
UT's press conference on its non-departure will be webcast later this morning, at 10:00 am Central.
The conventional wisdom is that the Pac 10 will now go after Utah (from the Mountain West Conference) to bring its size to 12 teams, but go no larger.
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