Texas A&M president R. Bowen Loftin had a phone conversation with Missouri chancellor and Big 12 Conference board chairman Brady Deaton on Monday night about his university’s desire to withdraw from the conference, a Big 12 source confirmed to ESPN’s Joe Schad on Tuesday.
Texas A&M could send its formal, written letter of departure as early as this week, the source said. The only holdups are threats of litigation by Big 12 members and the need to clarify exit fees.
The New York Times said in a story posted on its website Monday night that Loftin sent a letter to Deaton to inform the league it was leaving. Texas A&M denied that report, saying Tuesday it has not sent a letter of withdrawal to the Big 12.
College Football Nation When Colorado and Nebraska left the conference last year, they paid about half of what the Big 12 could have contended they owed upon leaving the conference, and Texas A&M would like similar treatment, the source told Schad.
Texas A&M said Monday it had received a letter from Big 12 commissioner Dan Beebe outlining the withdrawal procedure should the Aggies decide to leave the league.