Colorado and Arizona are the schools planning to leave the Pac-12 and join the Big 12 Conference, according to a report from The Swaim Show, which notes that although "nothing becomes official until the Pac-12 gets their TV deal finalized," all signs point to the schools making the move.
Which would imply that neither school expects the Pac-12 will get good enough terms when it finally secures a media contract, a process that is yet to yield any official results but which insiders say could be official by the start of the summer.
Where things are now
This is hardly the first word on the speculated mutual interest between Colorado and the Big 12, with major reports from connected insiders confirming the school and conference have been in talks about a potential partnership.