The first major announcement about any type of "punishment" for Baylor from either the Big 12 or NCAA has been made, and it may -- or may not -- result in a financial blow to the university.
The Big 12 announced on Wednesday that the Board of Directors voted unanimously (sans Baylor) to withhold 25 percent of of future revenue distribution to the school. The catch is that money will be held until the completion of a third-party review of the school's required changes. At which point, if Baylor proves it has made improvements presumably to its Title IX office and procedures, the money will apparently be handed over to Baylor.