Saturday, officials from the Big 12 and Texas A&M met via teleconference to discuss the school's imminently expected exit. According to reports, the announcement of A&M's departure for the SEC within the week is expected, and the Aggies could have to give up $20 million to their former conference to complete the move.
It would be super hilarious if all of that went to Texas, wouldn't it?
A&M has both admitted it wants to join the SEC and told the Big 12 that it's looking to leave. The major remaining hangup from the SEC's perspective is Mike Slive's desire for the Aggies and the Big 12 to have a clean break that doesn't make God's Conference look like a poacher.
As far as replacing the Aggies in the Big 12 goes, there are murmurings that the Arkansas Razorbacks could head back west. Do not listen to them. I love the idea of the Big 12 becoming one big swinger's party by adding Notre Dame and BYU, schools with their own massive media interests, but Arkansas has no reason to even spend time considering leaving their current position to sit at Texas' table.
For more on the SEC be sure and check out SB Nation's SEC blog Team Speed Kills.