After weeks of negotiations, Texas and Oklahoma are still slated to join the SEC in 2025. Sources said the parties couldn’t come to terms amid a complex negotiation involving two schools, two networks (ESPN and Fox) and the Big 12.
Sources said the sides couldn’t agree on how to create equitable value for what Fox would lose in 2024 — the equivalent of seven football games featuring Oklahoma and Texas that command premium advertising.
The negotiations heated up over the past few days, with the Big 12 meetings late this week doubling as an unofficial deadline to get a deal done.
The timeline in play — the 2024 season — leaves some ambiguity and small potential for a Hail Mary revival, but the strong expectation remains that Oklahoma and Texas will play in the 14-team Big 12 in 2023 and 2024.