A report from The Oklahoman’s Berry Tramel suggests that Colorado is ready to commit back to the Big 12 “soon”.

Tramel writes, “A Big 12 source told me last week that Colorado is ready to commit to joining the Big 12 “soon.””

Colorado became a member of the Big Seven Conference in 1948, which later became the Big Eight and then later the current Big 12, then they left the Big 12 for the Pac-12 in 2011.

In 2021, current Big 12 members Texas and Oklahoma announced their decision to leave for the SEC, which will take place in the summer of 2024. Later on, BYU, Cincinnati, Houston, and UCF announced their decision to join the Big 12 Conference this coming summer.

USC and UCLA announced their decision to join the Big Ten Conference in 2024. The future of the Pac-12 Conference is rather uncertain with no progress being made on their current TV contract, which expires the same time USC and UCLA leave the conference.

The revenue date from the 2021-22 fiscal year showed that the Pac-12 ranked last among the Power Five conferences in per school revenue at $37 million. The Big 12 was third at $42-$44.9 million.

Expansion has been one of the priorities for new commissioner Brett Yormark and the Big 12. The Big 12 is set to add four new schools on July 1, and it doesn’t seem that the Big 12 is done adding teams yet.