Here's the source. Claims to have gotten the details through FOIA requests
Make that four...Colorado agreed to Big 12 membership for 99 years while Utah negotiated an exemption from that portion of the Bylaws. Caught this while preparing a summary of the differences between Cal's, Oregon's, UCLA's, Utah's and Colorado's conference membership… https://t.co/FqhHAUORDa
— Bill is following the money (@BillFarleyPhD) March 7, 2024