TCU will accept an invitation to join the Big 12 Conference for the 2012-13 school year, college football industry sources told CBSSports.com.
Multiple TCU sources told CBSSports.com "it's a done deal."
TCU was scheduled to join the Big East on July 1, 2012, but instead will join the Big 12. By leaving the Big East before it officially became a member, the Horned Frogs will have to pay a $5 million exit fee but is not bound by the Big East’s 27-month requirement for notification.TCU chancellor Victor J. Boschini told the Big East Thursday morning that the school has scheduled a board of regents meeting for later in the day.
The addition of TCU to the Big 12 replaces Texas A&M, which is headed to the SEC.
"We’re proud that TCU has been invited to join the Big 12," Texas athletic director DeLoss Dodds said in a statement. "Their commitment to academics and success on the field make them an excellent fit. With a solid budget and strong financial support, they have been proactive at improving facilities. Their close proximity to all conference institutions makes for a comfortable travel situation."
The Big 12 still must determine if it wants 10 or 12 members. Tuesday, Missouri gave chancellor Brady Deaton the authority to pursue its options about joining another conference.Sources told CBSSports.com that if Missouri stays in the Big 12, the league likely would stay at 10 schools, including TCU. However, if Missouri leaves for the SEC -- and the Birmingham News reported Missouri currently does not have unanimous support -- the Big 12 likely would add three more schools to get to 12. The leading candidates would be Louisville, BYU, West Virginia, Cincinnati and Tulane.
The loss of TCU is another blow to the Big East. The league also lost Pittsburgh and Syracuse to the ACC, but commissioner John Marinatto has said previously the Big East would make Pitt and Syracuse honor the 27-month exit agreement, meaning they couldn't join the ACC until 2014.
Without TCU, Pittsburgh and Syracuse, the remaining Big East football members are Louisville, West Virginia, Cincinnati, UConn, Rutgers and South Florida.