The Texas Longhorns have declined an invitation to join the Pac-10, ESPN is reporting.
“We were informed by University of Texas President Bill Powers that Texas will stay with the Big 12,” an official with the Pac-10 told ESPN.
Early this morning, it appeared Texas would have gone to the Pac-10. However, ESPN analysts speculate that Texas decided to stay put, because doing so will allow them to establish a Longhorns TV Network and still generate an acceptable amount of revenue.
Check back for updates on this breaking story.
