The SEC just sent us the following statement:
Statement from Dr. Bernie Machen, Chair, Southeastern Conference Presidents and Chancellors:
After receiving unanimous written assurance from the Big 12 on September 2 that the Southeastern Conference was free to accept Texas A&M to join as a new member, the presidents and chancellors of the SEC met last night with the intention of accepting the application of Texas A&M to be the newest member of the SEC. We were notified yesterday afternoon that at least one Big 12 institution had withdrawn its previous consent and was considering legal action. The SEC has stated that to consider an institution for membership, there must be no contractual hindrances to its departure. The SEC voted unanimously to accept Texas A&M University as a member upon receiving acceptable reconfirmation that the Big 12 and its members have reaffirmed the letter dated September 2, 2011.
And here is that letter from Dan Beebe, commissioner of the Big 12:
This is to confirm our discussion yesterday during which I informed you that the Big 12
Conference Board of Directors unanimously authorized me to convey to you and their colleagues
in the Southeastern Conference that the Big 12 and its members will not take any legal action for
any possible claims against the SEC or its members relating to the departure of Texas A&M
University from the Big 12 and the admission of Texas A&M into the SEC; provided, however,
that such act by the SEC to admit Texas A&M is publicly confirmed by 5:00 p.m. (CDT) on
September 8, 2011.
Such admission of Texas A&M will result in the withdrawal of Texas A&M from the Big 12
Conference effective June 30, 2012. We both agreed it is in the best interests of each of our
conferences and our member institutions of higher education to waive any and all legal actions
by either conference and its members resulting from admission of Texas A&M into the SEC, as
long as such admission is confirmed publicly by September 8, 2011.
If any of your presidents and chancellors have concerns about this commitment of the Big 12
Conference, they may contact me or Brady Deaton, Big 12 Board of Director chairman and
chancellor of the University of Missouri, Columbia.