According to Chip Brown of Horns247 on Friday morning, the Texas Longhorns and Oklahoma Sooners plan on informing the Big 12 of their withdrawal on Monday with a vote from the SEC expected shortly thereafter.
The news comes after the Big 12 held a conference call without leaders from Texas and Oklahoma on Thursday, eventually releasing the following statement after the meeting with the remaining eight members:
Oklahoma and Texas are founding members of the Big 12 and we value their traditions and history of success.
- The eight members strongly desire to retain the current composition, which has proven it can compete at the highest levels.