University of Texas, Oklahoma will not renew Big 12 media rights contract

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Published: Jul. 26, 2021 at 9:46 AM CDT|Updated: Jul. 26, 2021 at 1:09 PM CDT
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AUSTIN, Texas (KBTX) - The University of Texas and the University of Oklahoma announced Monday morning that they will not be renewing their “grants of media rights following expiration in 2025,” in the Big 12 Athletic Conference.

A release from UT says both universities will honor their existing grant of rights agreements.

“However, both universities will continue to monitor the rapidly evolving collegiate athletics landscape as they consider how best to position their athletics programs for the future,” said a statement from UT.

Bob Bowlsby, commissioner for the Big 12, said he had received notification from both universities Monday, and that while the athletic conference is sad to see them go, they know that college sports is rapidly changing and will look very different by 2025.

“Although our eight members are disappointed with the decisions of these two institutions, we recognize that intercollegiate athletics is experiencing rapid change and will most likely look much different in 2025 than it does currently,” stated Commissioner Bob Bowlsby. “The Big 12 Conference will continue to support our member institutions’ efforts to graduate student-athletes, and compete for Big 12 and NCAA championships. Like many others, we will use the next four years to fully assess what the landscape will look like in 2025 and beyond. The remaining eight institutions will work together in a collaborative manner to thoughtfully and strategically position the Big 12 Conference for continued success, both athletically and academically, long into the future.”

This is the latest move from both universities after reports came out last week about the University of Texas and the University of Oklahoma preparing to leave the Big 12 to join the Southeastern Conference.

The Texas A&M System Board of Regents is set to meet Monday evening for a special telephonic meeting to discuss issues relating to Texas A&M University and the SEC.

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