UPDATE, 10:15 a.m.: Speaking to reporters in Austin, Texas, Texas President Bill Powers seemed to debunk reports that the Big 12 revenue-sharing policy will be changed to a tiered system that was reported here and elsewhere. "We oppose that kind of deal," Powers said, referring to a special bonuses for certain schools. "We will be distributing money like we have done previously."
Powers said he is not aware of any "firm deal" with TV networks and that Texas' return to the Big 12 was based on economic estimates of the value of the Big 12.
http://www.columbiatribune.com/weblo...-the-old-boss/