The Pac-12 decided it won't expand further late Tuesday because commissioner Larry Scott failed to get assurance that Texas would back an equal revenue sharing plan if the league added the Longhorns, Oklahoma, Texas Tech and Oklahoma State, a source with direct knowledge told ESPN.com. Scott didn't endorse expansion to the league's presidents and chancellors, the source said. The presidents never took a vote on the four Big 12 schools and the four schools didn't formally apply for inclusion either, the source said. The Pac-12 member presidents were on a conference call Tuesday night and reaffirmed the decision to stay at 12 members. "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," Scott said in a statement. "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." Read more: http://espn.go.com/college-sports/story/_/id/6998751/pac-12-conference-decides-expand-further
