They surely realize they’re in a position where they either need to act or be acted upon. They can’t just wait around and let ESPN and the AAC try to pick them apart. Their schools have reached out to the Big10, Pac12, and ACC, and they’ve essentially all been told no at this point, but those conferences could change their mind any day now.
The news of the Big12 ADs meeting tomorrow suggests they’re feeling urgency to do something. I’d imagine Bowlsby will also be involved in that meeting. Odds are they will be discussing how to strengthen their remaining league, and it would seem the only real option they have right now is expansion. My guess is we’ll hear news tomorrow that this is the direction they’re going.