Chip Brown, who has generally be out in front of all of this, has an update this morning that is definitely interesting news:

In a bombshell development that could bring a halt to seismic changes in college realignment, sources tell Orangebloods.com Texas has been convinced by a plan presented by commissioner Dan Beebe to stay in a 10-member Big 12.  UT officials are expected to announce their decision to remain in the Big 12 as early as Monday.

This is all rumor and conjecture, of course, but Chip Brown has been very solid to date. (Update:  This ESPN story says otherwise, h/t to sushirob39).  Will update when know more, but until then, enjoy our interview with former Golden Bear and current Florida Marlin, John Baker.