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Big 12 will not add new members after Monday’s Board of Directors meeting

Well, it looks like expansion is dead again. For now, at least.

NCAA Football: Big 12 Media Day Kevin Jairaj-USA TODAY Sports

Despite some early-morning buzz that appeared in the form of a potential sneak peak regarding Big 12 expansion, multiple reports have said that the Big 12 will not announce expansion following Monday’s Board of Directors meeting.

Sports Illustrated’s Pete Thamel reported that television revenue is still an area of emphasis.

Sources also confirmed the news with SB Nation.

The league still held a press conference with commissioner Bob Boren and Oklahoma president David Boren at 5:30 p.m. CT, at which point it is expected to officially announced the decision not to expand.

“We decided after very thorough discussion that we would remain at 10 members,” Boren said.

Big 12 expansion has become a topic of increasing popularity throughout the early fall after the league announced in July that it would go through a formal expansion process in considering whether to add two or four teams.

Waves of Power Five hopefuls extended their resumes, per se, and make pitches to commissioner Bob Bowlsby, but that list of realistic additions has since dwindled to a more realistic talent pool from the original 17.

From the above list, BYU, UCF, Cincinnati, Colorado State and Houston were considered the most likely to join the 10-team conference, but after the Big 12 missed its desired decision timetable for the start of the 2016 football season, the debate and discussion of which programs to add, if any, could continue dragging on.

Whether or not the expansion process drags on, it’s becoming less likely that the Big 12 will survive beyond its grant of rights with ESPN and Fox, which ends in 2025.