FanPost

Texas is staying put


ESPN is now reporting that the five prospective Pac-whatever members have been convinced to stay, that Texas will receive the largest share of revenues and have the ability to set up its own network as well.

Pac-10 commissioner Larry Scott confirmed Monday that Texas has turned down an invitation to leave the Big 12 and join his conference.

In an e-mail to The Associated Press, Scott confirms that Texas has rejected the Pac-10's offer. [...]

Based on a TV deal in the works that could pay upwards of $25 million per year, Texas leaned toward staying in a 10-team Big 12 for the foreseeable future, Orangebloods.com reported, citing sources familiar with negotiations.

Texas stands to earn between $20 million and $25 million annually in television revenue in the reworked deal, including money from its own network, according to Orangebloods.com.

The Longhorns network figures to generate between $3 million and $5 million, according to the Orangebloods.com report. Because the Big 12 has unequal revenue sharing, the deal will mean more money for Texas, Texas A&M and Oklahoma, who all would receive at least $20 million annually from the new deal.

"Everybody is feeling much more confident the Big 12 is going to survive," a person with direct knowledge of discussions told The Associated Press. "Everybody's going to be making more money."

I say good riddance.

Do we want anyone else?  Utah?  How would a Pac-11 work out?  No round-robin, no playoff, but maybe a little more pride?

<em>This is a FanPost and does not necessarily reflect the views of BruinsNation's (BN) editors. It does reflect the views of this particular fan though, which is as important as the views of BN's editors.</em>

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