Big 12 administrators are reportedly meeting at 5 p.m. CT today to discuss reports that Oklahoma and Texas are preparing a move to the SEC.

That’s per college football insider Dennis Dodd. Multiple other outlets have confirmed this report as well:

On Wednesday, the Houston Chronicle dropped the bombshell that the Sooners and Longhorns have had discussions about leaving the Big 12 for the SEC.

OU and Texas both released statements about the report, but neither issued a denial.

The Big 12’s Grant of Rights contract is set to expire after the 2024 college football season. However, realignment could happen before that expiration date.

The 5 p.m. meeting today is presumably a way for the other Big 12 schools to strategize about how to respond. The conference could look into adding replacement members or individual programs could attempt to latch on with other conferences.

Per SEC bylaws, 11 of the current 14 SEC teams would have to approve Oklahoma and Texas as new members.