They say that money is the root of all evil. It’s also the reason why Texas might wind up staying in the Big 12 after all.

In a rather surprising turn of events, it appears as though Big 12 commissioner Dan Beebe has saved the conference by constructing a TV deal that could pay Texas upwards of $25 million per year.

ESPN.com has the details:

Texas stands to earn between $20 million and $25 million annually in television revenue in the reworked deal, including money from its own network, according to Orangebloods.com.

The Longhorns network figures to generate between $3 million and $5 million, according to the report. Because the Big 12 has unequal revenue sharing, the deal will mean more money for Texas, Texas A&M and Oklahoma, who all would receive at least $20 million annually from the new deal.

The other seven schools in the Big 12 would make between $14 million and $17 million, doubling what they currently receive in TV revenue.

Assuming this deal gets done, this would be a big win for all parties involved. Beebe keeps the Big 12 from completely imploding, the remaining 10 schools in the conference increase their TV revenue and rivals like Texas and Texas A&M won’t split. (Before this report surfaced, the Longhorns seemed destined for the Pac-10, while A&M was likely to join the SEC.)

Considering the events that have transpired up to this point, it is surprising that Texas is on the verge of staying in the Big 12. But what isn’t surprising is why they inevitably might stay.

Money was going to win out in the end here. As I wrote earlier today, expansion has always been about money. The schools that were considering expansion were doing so because they want to increase revenue and joining other conferences was a way for them to do that. But if Beebe found a way to generate more TV revenue (which it looks like he did), then there was no reason for Texas to join the Pac-10 or any other conference for that matter.

Personally, I think this is good news. College football is about tradition and rivalries and I thought it was absurd for programs like Texas and Texas A&M to split. I also hated the idea of a 16-team Pac-10 with no conference championship game, which was one of the proposed scenarios last week. Sure, the conference still lost Nebraska and Colorado, but most of the Big 12 will stay intact and as long as Beebe’s plan comes to fruition, I think everybody wins.

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ESPN.com is reporting that Texas, Texas Tech, Oklahoma and Oklahoma State are getting closer to joining the Pac-10. The report also states that Big 12 commissioner Dan Beebe is trying to put together a plan to save the conference, although sources say that he has “zero” chance of succeeding.

Beebe’s last-ditch plan included an emotional plea about preserving rivalries and maintaining the best welfare of the student-athlete, one source said.

Texas A&M is now most likely to join the SEC, a source within the Big 12 said. This move, in the wake of Colorado and Nebraska’s departure, would further diminish the chance of Beebe’s plan succeeding, one source said.

Texas’ decision is expected to come no later than Tuesday. One source familiar with Texas’ plans suggested a hearing on Wednesday at the Texas House of Representatives is “a nonfactor.”

A report on Orangebloods.com said that Texas is committed to discussions with the remaining 10 schools in the Big 12 about a plan put together by Beebe that would keep the league intact with its current programs.

The plan includes assurances that a TV deal could net each school between $14 million and $17 million, Orangebloods.com reported, and schools such as Texas could still have their own TV network.

College football expansion is all about money, so Beebe’s plan isn’t completely hopeless. That said, things don’t look good for him and the Big 12. These schools are going to go where the TV deals are bigger and where they can generate more revenue. As of now, the Pac-10 offers the better “deal” for teams like Texas, so it seems inevitable that that is where they’ll wind up.

We’ll see if Beebe’s last-ditch effort can save the conference but as of now, it appears that the Big 12 is on the verge of imploding.

Update: Now ESPN is reporting that Texas is leaning towards accepting a deal to stay in the Big 12.

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Expansion talk in the Pac-10 continues to heat up, as ESPN.com reports that Colorado has accepted an invitation to join the conference. Texas, Texas A&M, Oklahoma, Oklahoma State and Texas Tech should receive invites as well, while Nebraska is likely heading to the Big Ten.

Despite adding more teams, the Pac-10 could eliminate the need for a conference championship game by pushing for two automatic bids to the BCS.

The coach said it’s possible the Pac-16 would push for two automatic bids to the BCS, one for each division champion. That potential bonanza could open the possibility of the two division champs from one league playing for the national title, and it would eliminate the need for a conference championship game.

“The Pac-10 doesn’t believe in a championship game,” the coach said. “And coaches in the Big 12 don’t like it anyway.”

Does anyone else think that it’s ridiculous to have 16 teams play in one conference but no championship game? It’s amazing how these schools manage to eliminate playoff-like games at all costs, even though that’s the structure that most fans want.

Fans want to see the best teams play each other, whether it’s in a conference title game or a playoff format in the postseason. But clearly the BCS and the schools themselves don’t want to breed head-to-head competition. They’re fine with crowning a champion based on record and moving on. As long as they can increase revenue, then who cares about the fans, right? I would be shocked if the Big Ten didn’t try to follow in the footsteps of the Pac-10 and figure out a way to avoid a conference championship game themselves.

Another interesting takeaway from the article is that expansion might not happen for another two years. So even though Nebraska, Texas and Oklahoma would be joining other conferences in 2012, they’d still play in the Big 12 for the next two seasons. How awkward.

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The Pac-10 is now one step closer to expanding and possibly devouring the Big 12, as commissioner Larry Scott announced on the final day of the conference meetings on Sunday that university presidents and chancellors have given him the authority he needs to expand the Pac-10.

From ESPN.com:

“What direction that process takes still could go in different directions, everything from remaining as we are as a Pac-10 that’s got some very bright days ahead of it to a bigger conference footprint,” Scott said. “I have the authority to take it in different directions, depending on various scenarios and discussions we’re going to have.”

Scott wouldn’t give any timeframe for expansion talks — other than to reiterate that the deadline is the end of this year — or discuss specific schools. However, it sounds as if he will aggressively court some of the biggest names in college sports, including Texas. The Big 12 is in danger of collapsing and could provide the Pac-10 with six new teams or more.

The Big 12 reportedly gave Missouri and Nebraska an ultimatum of Friday to decide if they will remain in the Big 12. If those schools leave, the Pac-10 could be strategically situated to gobble up Big 12 teams looking for bigger opportunities, including Texas. The most widely discussed scenario has Texas, Texas A&M, Texas Tech, Oklahoma, Oklahoma State and Colorado joining the Pac-10. There was some indication Sunday that Baylor could replace Colorado under pressure from the Texas Legislature.

If the Big 12 largely stays intact but is under the umbrella of the Pac-10, then expansion wouldn’t be a bad thing. Because then you keep some of the key rivalries (Texas vs. Oklahoma, Texas vs. Texas A&M, Oklahoma vs. Oklahoma State) in place, but introduce a broader spectrum of games (i.e. Texas vs. USC). True Big 12 fans will lose out on seeing Nebraska and Missouri play Texas and Oklahoma every year, but at least the majority of the conference wouldn’t be dismantled. (Much like if Texas goes to the SEC or Pac-10, while Texas A&M and whomever else heads to the SEC, which has already been discussed.)

That said, if the Big 12 falls apart and most of these programs split up, then it’s hard to argue for expansion. I discussed this topic more last week, but the words “rivalries” and “tradition” will mean nothing if teams like Texas and Texas A&M head to different conferences. College football was built on rivalries and tradition and I think school presidents and athletic directors should strive to keep that in mind.

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The 2010 BCS National Championship Game pits No. 1 vs. No. 2, as the Alabama Crimson Tide will take on the Texas Longhorns on January 7. To get you primed for the game, here’s a snapshot look at the title match.

2010 BCS National Championship Game Information:
Matchup: Alabama (13-0) vs. Texas (13-0)
Venue: Rose Bowl, Pasadena, CA
Kickoff: 8:00PM ET
TV: ABC
Odds: Alabama –5

Key Stats:
Led by quarterback Colt McCoy and receiver Jordan Shipley, the Longhorns have the third best scoring offense in the nation, the 14th best passing attack and are ranked 19th in total offense. McCoy is 10th in total offense with 296.92 passing yards per game and 26.77 rushing YPG. Defensively, the Longhorns boast the No. 1 rush defense in the country and are ranked No. 3 in total defense. Texas also ranks ninth in turnover margin and fourth in kickoff returns.

Nick Saban’s Crimson Tide have the second best defense in the nation and the second best run defense. Junior linebacker Rolando McClain has been the soul of Alabama’s defense, racking up over 100 tackles (51 solo), 10 tackles for loss and four sacks. Offensively, Heisman Trophy winner Mark Ingram heads a rushing offense that ranks 12th in the country and is 26th in scoring. Ingram is averaging close to 120 yards per game and has racked up 1,542 total yards of offense and 18 total touchdowns.

The Bottom Line:
After struggling with consistency for much of the season, quarterback Greg McElroy looks to build off a solid performance in the SEC title game and carry it into the national championship. While Ingram remains the backbone of the offense, McElroy might be the key to whether or not ‘Bama is victorious on January 7. He, and the Crimson Tide defense of course. And much like McElroy, fellow signal caller Colt McCoy will have to perform much better than he did against Nebraska in the Big 12 Championship for Texas to be successful. This will be the first time since time since the 2005 thriller between Texas and USC that two unbeaten teams square off in the title game. Who will come out on top?

Who will win the 2010 National Championship?

• Alabama
• Texas

View Results

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SI.com’s Stewart Mandel recently ranked all 34 bowl games.

Here are his top 5:

1) BCS National Championship Game (Jan. 7): Alabama (13-0) vs. Texas (13-0). It’s the first-ever matchup of two 13-0 teams. Colt McCoy. Mark Ingram. Rolando McClain. Sergio Kindle. Yeah, I’m thinking you might want to tune in.

2) Sugar (Jan. 1): Cincinnati (12-0) vs. Florida (12-1). It’s spread vs. spread, Tim Tebow vs. Tony Pike, Mardy Gilyard vs. Joe Haden. It may be a letdown game for the Gators, but it should still be entertaining.

3) Fiesta (Jan. 4): TCU (12-0) vs. Boise State (13-0). Enough with the outrage, people: You know you’re going to watch. The nation’s No. 1 passer, Broncos quarterback Kellen Moore, goes up against the nation’s top-ranked defense.

4) Rose (Jan. 1): Ohio State (10-2) vs. Oregon (10-2). Dangerous dual-threat star Jeremiah Masoli is what Terrelle Pryor was supposed to be. But the Buckeyes present the toughest defense the Ducks have faced since Boise.

5) Orange (Jan. 5): Georgia Tech (11-2) vs. Iowa (10-2). You remember the Hawkeyes. They love low scores and dramatic finishes. With a month to prepare, can Pat Angerer, Tyler Sash and Co. stifle Josh Nesbitt and the triple-option?

That’s how I would have my top 5, although the Fiesta and Sugar bowls might be interchangeable. I love watching TCU’s defense play and I’m intrigued about how Gary Patterson will game plan to stop Boise’s offense. That said, I’m interested to see how Cincinnati responds after Brian Kelly ditched them for Notre Dame.

I know Georgia Tech’s triple-option is exciting to watch and Iowa does have a solid front seven, but that matchup just doesn’t have the same appeal as the other four. Maybe it’ll wind up being the best BCS game of the season, but the matchup offers little sizzle compared to the other top bowls.

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According to an article in the Cleveland Plain Dealer, a U.S. House subcommittee has approved a legislation that would force college football to switch to a playoff system to determine a national champion.

The bill, which faces long odds of becoming law, would ban the promotion of a postseason NCAA Division I football game as a national championship unless that title contest is the result of a playoff. The measure passed by voice vote in a House Energy and Commerce Committee subcommittee, with one audible “no,” from Rep. John Barrow, D-Ga.

“With all due respect, I really think we have more important things to spend our time on,” Barrow said before the vote, although he stressed he didn’t like the current Bowl Championship Series, either.

The bill’s sponsor, GOP Rep. Joe Barton of Texas, said the BCS system is unfair and won’t change unless prompted by Congress.
The vote came three days after the BCS selections were announced, including the Jan. 7 national title game between No. 1 Alabama and No. 2 Texas.

Something that just occurred to me is what if college football does implement a playoff system and teams like TCU, Boise State, Cincinnati and whomever routinely get knocked out in the first or second round?

I get that the point of a playoff system is to determine a winner on the field as opposed to leaving the decision up to voters and a computer system. But it would be a tad ironic if all this clamoring for a playoff system eventually leads to the same conferences (SEC, Big 12, Big Ten, etc.) being pitted against each other in the national title game – especially if there has to be a law made in order to force college football to figure out a playoff structure.

That said, I’m still all for it. I agree that there are probably better things for the congress to be worried about than college football, but that doesn’t mean I wouldn’t want to see it happen.

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Texas almost blew it against Nebraska, but they will get their chance against Alabama. After the bitter disappointment of being left out of the game last season, the Longhorns get their chance to win one under Colt McCoy. Alabama looked very tough against Florida, but you can’t judge these teams just on their last game. I think the game is a toss-up.

By the way, Kirk Herbstreet just smacked down Mark May on ESPN. Herbstreet was making the point that Alabama needs to make sure their players keep their focus, as everyone will be telling them how great they are, while Texas players will have to hear about how they were lucky to get there. Mark May argued that Nick Saban is not the kind of coach to let his players lose focus going into a bowl game, until Herbstreet pointed out how Alabama laid an egg last year against Utah.

Again, the layoff is another unfortunate factor in this crazy BCS system.

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Thursday, December 3

No. 16 Oregon State at No. 7 Oregon, 9:00PM ET
There’s never been as much at stake in the annual Civil War game between Oregon State and Oregon, with the winner booking a trip to the Rose Bowl. The Beavers blew an opportunity to head to Pasadena last season when they were blown out by Oregon at home. The Beavers haven’t been to the Rose Bowl since 1964, while Oregon hasn’t made the trip to Pasadena since 1994.
Odds: Oregon –9.5

Saturday, December 5

No. 1 Florida vs. No. 2 Alabama, 4:00PM ET
No game has as much at stake than this Saturday’s SEC title game in Atlanta. The winner will have the opportunity to play in the BCS title game, while the loser has to pray that Texas is beaten by Nebraska in the Big 12 Championship Game and that voters favor them over unbeaten TCU or Cincinnati. Can Tim Tebow lead the Gators to another victory over ‘Bama this season or will Mark Ingram and the Crimson Tide defense avenge last year’s loss to Florida?
Odds: Florida -6

No. 3 Texas vs. No. 22 Nebraska
It’s pretty simple for Colt McCoy and the Longhorns: Either win and book a trip to the national title game or lose and watch their opportunity to become champions fly out the window. The Big 12 North hasn’t beaten the Big 12 South in the title game since 2003 when Kansas State beat Oklahoma. The last time these two teams met, Texas came away with a 28-25 victory in 2007. Can the Cornhuskers snap the South’s reign over the North?
Odds: Texas –13.5

No. 5 Cincinnati at No. 15 Pittsburgh, 12:00PM ET
West Virginia’s win over the Panthers last Friday took a lot of the intrigue out of this matchup, but with the Big East championship on the line, both teams still have plenty to play for. A BCS berth is also on the line and speculation continues to grow that Cincinnati coach Brian Kelly is headed for South Bend. Can the Bearcats overcome this one final road challenge and head to a BCS bowl? Or will PITT ruin Cincinnati’s perfect season?
Odds: Cincinnati -2

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