Formal announcement coming this afternoon. It's for 20 years, $300 million. Despite what Dan Beebe wants you to believe, this is what kept the Little Big 12 together.
There's no telling what can be built with this amount of scratch. It's safe to say that Texas will hold a competitive advantage over the rest of the league for some time.
But hey, at least KU and K-State aren't playing in the Mountain West, right?