Heather Dinich gives an update on the timeline for Texas and Oklahoma's move to join the SEC. (1:36).The Big 12 executive committee met on Sunday with the presidents from Oklahoma and Texas. There is speculation that both schools will be leaving for the SEC.Jay Hartzell from Texas and Joe Harroz from Oklahoma met via videoconference. The committee includes Big 12 Chairman of Board of Directors Lawrence Schovanec and Texas Tech President Lawrence Schovanec. Baylor president Linda Livingstone, league commissioner Bob Bowlsby, and Texas president Jay Hartzell.Bowlsby stated that the meeting was cordial and that the Executive Committee expressed a willingness for discussions on proposals that would strengthen Conference and be mutually advantageous to OU, UT and other member institutions. "I anticipate that we will continue to have conversations in the days ahead, and we look forward discussing thoughts and ideas that might be of shared interest or impact."According to Big 12 sources, they expect Oklahoma and Texas to inform ESPN's Heather Dinich on Monday that they do not intend to renew their media rights agreements with the league. These contracts expire in June 2025. Although this is the first step towards exiting the conference it leaves open the possibility of both schools remaining in the Big 12 after the deal expires. One source suggested that it could be a legal strategy to override the reality of the broken relationships it will cause within the league.According to sources in the Big 12, they continue to inform ESPN that they still don't know what Oklahoma or Texas want. According to one Big 12 source, the conference officials believe that the SEC chancellors and presidents will ultimately decide whether or not to extend invitations to Oklahoma and Texas. According to an SEC source, there is no timetable for when a vote might take place. It is unclear if the SEC would issue an invitation knowing that the legal strategy of Oklahoma and Texas is to remain for the duration of the TV contract, if that is what these schools choose to do.Texas could also look to other conferences. This leaves at least the possibility that it isn't its final destination.Officials from the Big 12 met on Thursday to discuss the future of the league. Oklahoma and Texas were not present. Before officially leaving, the Big 12 would need to be notified by both schools for 18 months.The Big 12 holds Oklahoma's first- and second-tier media rights to football and men's hockey until June 30, 2025. Even if schools moved to another conference, the Big 12 would retain these rights.