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Breaking: Pac-12 Will Not Expand Further

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Putting an end to a wild week of rumors, Larry Scott says the Pac-12 is happy as-is and will not consider adding any more members.

The league's presidents and chancellors voted late Tuesday night to reaffirm their decision to stay at a dozen members. Commissioner Larry Scott says "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."

Texas, Oklahoma, Oklahoma State and Texas Tech were among those considering a potential move from the Big 12. After expanding from the Pac-10 with new members Utah and Colorado last year, members of the new Pac-12 won't give them the chance.

The league already negotiated a landmark 12-year television contract with Fox and ESPN worth about $3 billion. And it appears plenty happy at a dozen.

The Pac-12 Network and the huge influx of funding it will bring to the conference likely played a big role in the decision not to expand.  Is there much more the current twelve members could have gained with the addition of Texas or Oklahoma?  The presidents and chancellors do not seem to think so.