THIS JUST IN: Texas and Oklahoma will leave behind the $50 million each school would have received over the next two seasons under the Big 12′s media contracts, which will allow them to jump to the SEC a year earlier than expected.
AUSTIN, Texas — Texas and Oklahoma are heading to the Southeastern Conference in 2024, a year earlier than originally planned, after Big 12 officials cleared the way Thursday for the storied programs to exit their league.
“By reaching this agreement, we are now able to accelerate our new beginning as a 12-team league and move forward in earnest with our initiatives and future planning,” Yormak said in a statement announcing the agreement. SEC Commissioner Greg Sankey said in a statement that the schools will become full members of the conference on July 1, 2024.
Oklahoma and Texas have combined for 10 national championships as determined by The Associated Press, but none since the Longhorns’ 2005 season championship. TCU, which made it the College Football Playoff championship game last season, joined Oklahoma as the only Big 12 teams to make the playoff.
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