SI College Football@si_ncaafb 28 mins ago
Sources indicate to @SIPeteThamel that Big 12 expansion appear unlikely. Story:
Sources: Big 12 expansion appears unlikely
>>While that’s not a definitive consensus, a new development with the league’s television partners has made not expanding the most likely scenario. Multiple sources indicated there have been discussions with the Big 12’s TV partners to pay the league not to expand. The purpose of the payment would be to eliminate the pro rata clause in the TV contract—which the TV officials consider a loophole—that enables the league to receive nearly $25 million annually for every school it adds. The willingness of ESPN and Fox to discuss paying to eliminate that clause and end future potential expansion drama in upcoming years makes not expanding the most likely conclusion.“If they put more money up and bought out that pro rata clause, we’ll likely keep ourselves at 10,” speculated a high-ranking Big 12 source.
While that’s not a definitive consensus, a new development with the league’s television partners has made not expanding the most likely scenario. Multiple sources indicated there have been discussions with the Big 12’s TV partners to pay the league not to expand. The purpose of the payment would be to eliminate the pro rata clause in the TV contract—which the TV officials consider a loophole—that enables the league to receive nearly $25 million annually for every school it adds. The willingness of ESPN and Fox to discuss paying to eliminate that clause and end future potential expansion drama in upcoming years makes not expanding the most likely conclusion.<<
Those negotiations are either done or no longer happening. There would be much more posturing and public stated intent to expand if they were currently negotiating the networks in that way, as that is their leverage. The lack of planted "Likely to expand" leaks makes this seem far fetched or done.