The Pac-12 and Big Ten have agreed to a long-term interconference scheduling "collaboration" that, if successful, could have far-reaching ramifications for both of their memberships. Likely beginning as early as next year, the Pac-12 and Big Ten are going to significantly reconfigure their future football, basketball and Olympic sports schedules to feature games between their combined 24 member schools. The conferences will announce their plans later Wednesday. The cleverly constructed "collaborative effort" provides the Pac-12 and the Big Ten with some of the benefits of expansion without the messiness of exit fees, litigation and the loss of historical rivalries. And from a strategic standpoint, the arrangement could broaden the geographical, television and brand reach of both conferences. Read more: http://espn.go.com/college-sports/story/_/id/7396843/big-ten-pac-12-grow-scheduling-partnership