Late Tuesday night, multiple news outlets reported that PAC-12 officials have decided not to expand. There was a lot of speculation that Texas, Oklahoma, Oklahoma State and Texas Tech would join the PAC-12 and create the first ever super conference called the PAC-16. Following the decision by the conference, PAC-12 commissioner Larry Scott released this statement:
"After careful review we have determined that it is in the best interests of our member institutions, student-athletes and fans to remain a 12-team conference. While we have great respect for all of the institutions that have contacted us, and certain expansion proposals were financially attractive, we have a strong conference structure and culture of equality that we are committed to preserve. With new landmark TV agreements and plans to launch our innovative television networks, we are going to focus solely on these great assets, our strong heritage and the bright future in front of us."
Shorty after the decision, Oklahoma President David Boren released this statement on the Sooners’ commitment to the Big 12 Conference:
"We were not surprised by the Pac 12’s decision to not expand at this time. Even though we had decided not to apply for membership this year, we have developed a positive relationship with the leadership of the conference and we have kept them informed of the progress we’ve been making to gain agreement from the Big 12 for changes which will make the conference more stable in the future.
"Stability has been our first goal and we look forward to achieving that goal through continued membership in the Big 12 Conference."
For more on this story, read this article from USA Today.