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Tick tick tick ...

UT has confirmed that there is a press conference this afternoon, according to the Statesman's Bevo Beat.

Speculation is pointless at this point. We'll know in a bit.

FYI: I was at the press conference in 1997 when Ricky Williams announced he was staying for his senior year. Everyone was reporting he was leaving, and they were wrong.

UPDATE: News 8 Austin is reporting the press conference is at 3 p.m. central and they're carrying it live.

UPDATE 2: Live stream now at