The regents for Texas and Oklahoma have met and have opened the door for them to join the PAC12. Both regents have approved the option of leaving the Big 12. Texas has been trying to work out the details of how they could work the Longhorn Network into the plan for the PAC16 – no details yet on that. But it is looking more and more like we will soon be hearing that Texas, Texas Tech, Oklahoma and Oklahoma St will be joining the PAC12 soon to be PAC16. It seems like they will be doing a pod system, with 4 teams in each pod. Many of the teams want to be assured they will be able to go to California, so it looks like a possibility of splitting the California schools into different pods. Rumor has it that each team would play the other 3 teams in their pod, then 2 of the 4 in each of the other pods for 9 games total. It is also rumored they will take the top 2 teams from each of the 4 pods to the conference championship game. If Texas does decide against the PAC16, then the PAC12/16 is likely to go after Missouri and Kansas.
There is now talk that the leftover Big East schools (South Florida, Connecticut, West Virginia, TCU, Rutgers, Cincinnati and Louisville) and the leftover Big 12 schools (Missouri, Baylor, Iowa St, Kansas and Kansas St) are talking about a merger. That is twelves schools, but of course there are rumors of other teams like Connecticut and Rutgers to the ACC and Missouri and West Virginia to the SEC. If the new conference were smart, they would try to invite Boise St to help solidify an automatic qualifier spot then take your pick of a handful of MWC or CUSA schools to get to 12. It is pretty imminent that the football and basketball schools of the Big East are now going to part ways.
Other rumors – Apparently, I have heard the SEC is not interested in West Virginia at all and this seems to be a rumor that is confirmed by West Virginia officials. I have also heard that the Big 10 is pretty much satisfied staying at 12 schools unless they can get Notre Dame. There are still rumors of Notre Dame to the ACC but staying independent in football. They would likely play 4 games with ACC football schools and all other sports would be in the ACC. If this is the case, the ACC is rumored to take another non FBS football school with Notre Dame, such as Villanova or Georgetown. There are still rumors of Texas to the ACC with either Notre Dame, or Texas Tech or Kansas, but that just seems very far fetched.