Report: Big 12 Has Decided Not To Expand

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After much speculation, the Big 12 has opted not expand. At least not at this time.

Big 12 presidents, who met Monday in Dallas, decided not to add any members to the league, a source told CBS Sports' Dennis Dodd.

Pete Thamel of Sports Illustrated adds that the conference was still talking to its television partners, ESPN and Fox, about adding TV revenue, while ESPN's Jake Trotter explains that no expansion candidate received the supermajority vote (eight of 10 teams) needed to be added to the Big 12.

In July, the Big 12 announced it was exploring the possibility of expansion after a report surfaced that the ACC and ESPN were closing in on a network deal. Big 12 commissioner Bob Bowlsby said the new ACC deal played a role in the Big 12's decision to re-evaluate its membership. The move was seen as a money play, with CBS Sports' Dennis Dodd reporting in June there was upwards of $1 billion on the table.

Read more at CBS Sports.

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