CSU could learn as early as Monday whether or not it still has a shot at the Big 12 and the more than $25 million a year the conference distributes annually to its member schools.
The Big 12 Conference’s Board of Directors, made up of the presidents or chancellors of the conference’s 10 members, is meeting Monday in Irving, Texas, where a vote on expansion is expected.
The vote could be to add two or four new members from a list of finalists that was pared down to 11 schools, including Colorado State University, at the end of August.
Or it could be to stay put at 10 members, as the conference’s television partners at ESPN and Fox reportedly are pushing for, to avoid having to pay an additional $20 million annually for each new school the conference adds under terms of their media rights deals. Recent reports have said the TV networks are willing to increase the payout for existing members in order to remove that obligation from the contracts moving forward. Those contracts run through the 2024-25 academic year.
Read more at the Coloradoan: http://noconow.co/2eJTQ6W