For those interested, here is the full text of Pac-12 Commissioner Larry Scott’s statement from Tuesday night:
In light of the widespread speculation about potential scenarios for Conference re-alignment, the Pac-12 Presidents and Chancellors have affirmed their decision to remain a 12-team conference. Pac-12 Commissioner Larry Scott said, “after careful review we have determined that it is in the best interests of our member institutions, student-athletes and fans to remain a 12-team conference. While we have great respect for all of the institutions that have contacted us, and certain expansion proposals were financially attractive, we have a strong conference structure and culture of equality that we are committed to preserve. With new landmark TV agreements and plans to launch our innovative television networks, we are going to focus solely on these great assets, our strong heritage and the bright future in front of us.
And here is Oklahoma President David Boren’s response:
We were not surprised by the Pac 12′s decision to not expand at this time. Even though we had decided not to apply for membership this year, we have developed a positive relationship with the leadership of the conference and we have kept them informed of the progress we’ve been making to gain agreement from the Big 12 for changes which will make the conference more stable in the future. Conference stability has been our first goal and we look forward to achieving that goal through continued membership in the Big 12 Conference.