According to the Dallas News, which has accumulated reports from other newspapers and sources, Oklahoma State, as first reported by TMX (eyeroll), will be announcing its departure to the Pac 10 shortly. This is fueled by a separate report involving crossed wires at OK St
Oklahoma State's athletic department informed ksbitv.com that there will be some sort of statement out of the president's office later Thursday. However, the university released a statement saying, "The report circulating about an immediate announcement today concerning Oklahoma State University and conference realignment is without merit. There are no announcements planned by Oklahoma State University. We remain committed to the Big 12 Conference. If there are additional defections, we will have to evaluate our options."
As such, it appears OK St officials might be forcing Nebraska to formally act out its departure before making the call. What's more, the reports acknowledges and advances the idea the three Texas' schools (A&M, Tech and UT) will be a package deal.
OK State bolting would be the final straw of the Big 12 recovering from the departure of Nebraska and Colorado - two schools with limited rivalries/in-state matchups - and likely create a free for all that would finally balance out where the Big Ten is headed, what the Big East is going to make ND do and IF there will be an SEC expansion/shakeup included in this mess.