Texas A&M announced Wednesday that it will leave the Big 12 Conference by July 2012 if it can find another home, preferably in the SEC.
The Aggies, which have been in the Big 12 since its founding in 1996, said they will submit an application to join another, unspecified conference. If accepted, Texas A&M will leave the Big 12, effective June 30, 2012.
Leaving the Big 12 "is in the best interest of Texas A&M," said university President R. Bowen Loftin, who formally notified the league with a letter after earlier securing details on the withdrawal process. He said he hopes the move can be amicable and presumably hopes to negotiate a reasonable exit fee.
"We are seeking to generate greater visibility nationwide for Texas A&M and our championship-caliber student-athletes, as well as secure the necessary and stable financial resources to support our athletic and academic programs," Loftin said. "This is a 100-year decision that we have addressed carefully and methodically."
The SEC said it had not received an application from Texas A&M to join the league and that it would have no further comment.