Big 12, Mizzou, A&M reach buyout terms

Discussion in 'College Football' started by truebluefan, Feb 29, 2012.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    Missouri's and Texas A&M's price tags for leaving the Big 12 will be $12.41 million each, the conference announced on Tuesday.

    In the fall of 2010, both schools announced they would be leaving the Big 12 on July 1, 2012. Big 12 bylaws state that universities that provide less than 12 months' notice are subject to having 90 percent of their conference revenue withheld. That total was estimated at nearly $30 million for each school, but lawyers for both sides settled on $12.41 million.
     

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