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Message: <blockquote data-quote="Buckaineer" data-source="post: 131981799" data-attributes="member: 1428007">Here are some of the main points:--This summer will likely be filled by member institutions agreeing to new bylaws, finalizing schedules and negotiating new television contracts. It will also include more details on when Texas and Oklahoma plan to leave the conference; either before or after the 2025 season.<h2>--Finalizing scheduling</h2>Bowlsby sees the conference breaking into divisions in football to deal with the large number of schools.-Athletic directors from each school will get together this summer to vote on having divisions, and what those divisions would be.-another consideration is if the Big 12 will adopt an eight-game conference schedule or nine games.<h2>--Texas and Oklahoma</h2>--both schools are contractually obligated to stay for the next four years.Bowlsby is expecting both institutions to stay through 2025. He pointed to the media rights contract — that Texas and Oklahoma signed — which runs through the 2025 season.He also pointed to the conference bylaws, which state if a school leaves early, it must pay two years worth of revenue back to the conference before it leaves. It would mean Texas and Oklahoma would have to pay around $75 million to the conference respectively."they’ve told us they’re going to be here and we expect that they’ll be here.”Bowlsby mentioned the court system as a potential remedy if either school tries to leave before 2025.<h2>new media contract</h2>The media contract with Fox and ESPN runs through the 2024-25 season for the Big 12. This summer, the conference will start planning ahead to see where it will lend its media rights in the future.Bowlsby indicated the conference is open to leaving Fox and ESPN for a different company. The Big 12 won’t necessarily box itself to only linear networks. It is also looking at streaming options as the media landscape changes."We’ll welcome a group of suitors out there and I think we will do well when it’s time to go to auction.”</blockquote>

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