It looks like the Big 12 is about to stabilize itself with a new six-year media rights deal that will share all Tier 1 and II football and basketball rights money equally across the league. Here are the particulars on the deal:
The Big 12 Conference Board of Directors announced adoption of a position to equally distribute all conference related distributable revenue to include Tier I and II football television, men's basketball television and NCAA men's basketball tournament revenues. This action becomes effective after each member institution commits a grant of rights to the Conference for its Tier I and II television rights for at least six years.
It is recognized by the Board that each member is directed by institutional policy relative to pursuing its grant of rights and that process will commence expeditiously at the institutional level.
The Board is encouraged by the number of institutions indicating interest in the Big 12, which reflects positively on the standing of the Conference within intercollegiate athletics. The Board also looks forward to considering the recommendation of the expansion committee regarding future membership options.
The Missouri Tigers are still not sure if they will go to the SEC or stay with a more seemingly stable Big 12. Missouri says the money is not an issue but they want a league that will be around for the long haul.
This hurts Boise State's chances on landing in the Big 12, because the first step in a long line of dominoes to fall was Missouri leave for the SEC and then the Big 12 adding four teams to get back to 12. Nothing is set in stone for Missouri to stay or go, but with this new deal in place it seems likely that Missouri will be staying in the Big 12 and Boise State will be staying in the Mountain West.