How close is the divorce between Texas A&M and the Big 12 to being finalized? Close enough that we're already two steps closer than we were this morning, and (as a great man once said) the day ain't over yet.
Earlier Monday we found out the two sides are already set to begin their negotiations over the Aggies' exit fee. Now A&M has announced that their soon-to-be former conference has sent them a letter spelling out the "withdrawal prodcedures" for their exit.
Chief among those procedures are the "mutual waivers of legal claims," the agreement of which has long been thought to have been the "speed bump" on A&M's initial fast-track departure to their next conference destination--one that might be, say, speaking purely from a hypothetical standpoint, the SEC. With the Big 12 already having taken a stance on what "waivers" it would agree to, whatever negotiations (if any) on that front can begin sooner rather than later--as well the "financial provisions" of the move, as an A&M spokeman put it.
The official departure date appears to be advancing quickly enough that even A&M president R. Bowen Loftin -- who has previously stressed that the move was a "100-year decision" that would be handled "methodically" -- released a statement that sounds as if he expects the changeover to be wrapped up quickly (emphasis added):
“I certainly appreciate the discussion among the Big 12 presidents/chancellors and the expression of their desire for Texas A&M to remain in the conference. We all agree that Texas A&M is an extremely valuable institution; thus, it is incumbent upon me, as the president of the university, to ensure that we are in a position to enhance our national visibility and future financial opportunity.Maybe the divorce isn't final just yet. But if Loftin and Mike Slive are spotted at an Ikea this week picking out a coffee table they can both agree on, don't be surprised.
While this is a complex and long-term decision, it is not our intent to prolong our conference exploration for an extended period of time."