Texas happy to have stayed in Big 12 after defections of Nebraska and Colorado

Texas happy to have stayed in Big 12

AUSTIN, Texas — Texas officials says they are committed “long-term” to the Big 12.

Texas president William Powers, Jr., said Tuesday that Texas led the way in keeping the foundering league together as the Big Ten and Pac-10 courted several Big 12 schools. Nebraska (Big Ten) and Colorado (Pac-10) will both be leaving over the next two years.

Powers says there were no new guarantees of big-money television revenue, but a key point for Texas staying put was keeping its media rights.

That keeps Texas on course for possibly launching its own network.