The Big 12 has issued a statement clarifying reports of their members granting a 13-year extension of rights. Bob Bowlsby stated that a 13-year extension was agreed to and signed in an interview with the Charleston Gazette on Sunday. That agreement would be an extension from an initial grant of rights for the minimum six years. But Chuck Carlton of the Dallas Morning News tweeted that the extension was not done but agreed to, via @ChuckCarltonDMN:
Big 12 clarifies 13-year granting of rights: not done but agreed to. Will be signed immediately on completion of Fox, ESPN deals.— Chuck Carlton (@ChuckCarltonDMN) July 1, 2012
In the same interview on Sunday, Bowlsby indicated that the conference had already come to terms with both Fox and ESPN. He also stated that the television deal would be announced in the coming "weeks or months." The deal is reportedly worth $2.6 billion over 13 years.