Well, I thought with the studies already completed, that we would have heard something on expansion in late January, early February. However, Commissioner Bowlsby met with Boren and Gee, and it was decided to hold on expansion, and to lump all three initiatives into one plan. Therefore, now the Big 12 has hired two outside firms to compile studies on all three initiatives.
That said, I believe yes a decision will be made in May, and soon thereafter we will here the direction the Big 12 has chosen to pursue. What is not mentioned is the scheduled ACC and PAC 12 meetings, and how they may or may not affect the Big 12 decisions. The ACC has a host of issues of to resolve, none more importantly than the ACC Network issue. My colleagues and I expect ESPN to further delay an ACC Network, with short term additional revenue bump for the ACC. Not sure this will be looked on favorably by some ACC Members. The PAC 12 after failing at negotiations with AT&T is trying to move forward, however the Conference Members want movement, as their is deep concern on the long term financial picture for the conference. Of interest is recent involvement by CBS Sports in discussions with the PAC 12, keep an eye on this as well. Also, if the Big 12 decides to expand, then you should expect the PAC 12 will as well, and Houston would be the first addition, followed likely by New Mexico.
The Big Ten and Big 12 are watching the ACC. The ACC is watching the Big 12's pursuit of a network. The PAC 12 is watching the Big 12 on expansion. The SEC is also watching, but not as closely.