Texas Christian University has accepted an invitation to become an all-sports member to the Big East Conference, industry sources told FanHouse.
The Horned Frogs will join the league beginning on July 1, 2012 and begin play in the Big East in the 2012-13 school year.
An important Michigan-related domino effect of this is that we are unlikely to be able to blow up the Big East by adding one Big East team to the Big Ten, making it less likely in turn that Notre Dame would join the Big Ten (Notre Dame has stated that they would only join the Big Ten if the Big East blew up).
UPDATE: Here's a report from the NY Daily News:
In a move designed to prop up a weak football conference, The Big East has convinced TCU to leave the Mountain West and join the league as an all sports member, sources told the Daily News early this morning. Commissioner John Marinatto and Associate Commisioner in charge of communications John Paquette both flew to Dallas yesterday for the official announcement at 1 p.m. today...
For all we know, this could be just the first domino to drop in expansion. With TCU, the league now has 17 teams. The Big East has offered Villanova a chance to join in football, b ut the Philadelphia school seems to be dragging its feet about a decision and there is always a chance the Big East could invite Central Florida or even re-invite Temple to create a 10th football team and an 18th team in the league.