Nebraska and Colorado to Pay Millions to Bolt Big 12

The University of Nebraska at Lincoln and the University of Colorado at Boulder will pay the Big 12 Conference $9.255 million and $7 million, respectively, to end their affiliations with the league and shift next year to the Big 10 and Pacific-10 Conferences, respectively, according to a report in the Omaha World-Herald and one on ESPN. The two institutions announced their plans to bolt the Big 12 for bigger, richer leagues in June.