Texas, Oklahoma were to pay a steep price for leaving Big 12 early. That's not how it turned out Posted Sep 23, 2023 The Texas Longhorns and Oklahoma Sooners faced the prospect of losing two years' worth of payouts from the Big 12, according to the conference bylaws. That's not what happened. Also, Colorado received a $2.5 million signing bonus from the Big 12 conference in July. And ESPN has agreed to make payments that will be directed to Texas and Oklahoma. (USA Today)