Greeny: "The Big 12 is over, it just doesn’t know it yet" (1:53).Kayse Shrum, Oklahoma State President, stated Monday that Oklahoma's plans to leave the Big 12 were the result of months-long planning with the SEC and a clear breach of conference bylaws.Shrum made the remarks in a statement as well as in a series tweets. She called Oklahoma's actions strategic and deliberate in the statement.Shrum, who assumed the presidency on July 1, stated that it was difficult to see how an Oklahoma institution of higher learning would follow the University of Texas to Oklahoma's detriment.On Monday, Oklahoma was joined by Texas in a joint statement announcing that they had officially informed the Big 12 that they would not renew their media rights grants after they expire in 2025.ESPN sources from the Big 12 said Monday that the statement left some "wiggle room" but doesn't guarantee that the top schools will remain in the league until 2025. They could still be required to give 18 months notice and pay the penalty of $75 million to $80 millions for early departure. Some speculate that this is the first legal maneuver. There's also the possibility that Texas and OU would be unable to remain in the contract's entirety if the Big 12 dissolves prior to 2025.Next, Oklahoma and Texas would need to notify the SEC that they are interested in joining the conference. The SEC will then need to invite 11 of its 14 presidents or chancellors.Shrum stated that Oklahoma State University believes Oklahoma's Monday announcement is the result of ongoing negotiations.She stated in the statement that "these conversations, which have developed over a long time, are a clear violation of the Big 12 Conference Bylaws and broke decades-long bonds of trust between our Universities."Shrum tweeted that she had received "countless phone calls, text and emails from high ranking officials and members the Cowboy family showing support for OSU as they navigate the future." No matter what happens next, OSU will always be dedicated to Oklahoma.The board of regents of Texas A&M held a 90-minute executive-session conference call Monday to discuss possible conference realignment. The board did not take any action.Texas Lt. Governor. In a tweet, Dan Patrick stated that he had asked Texas State Senator Jane Nelson to head a new Select Committee on the Future of College Sports Texas. "To study the economic and athletic impact on TX schools & community by UT's departure."Patrick stated that a hearing would be held on Aug. 2.This report was contributed by Heather Dinich, ESPN.
