A date has been set

We'll get a decision from Texas on Tuesday:

University of Texas regents will meet next week to decide whether the Longhorns will remain in the Big 12 or switch to another conference.

The regents announced Friday that they will hold a meeting by telephone Tuesday for "discussion and appropriate action regarding athletic conference membership."

There's been a lot of speculation in the last 24 hours, but according to Chip Brown (a writer for Texas' Rivals affiliate who's made a name for himself with a lot of behind-the-scenes info on expansion), the outcome has already been decided:

Texas will announce its plans to join the Pac-10 after its regents meet next Tuesday, source confirm to Orangebloods.com.

While this guy seems to have established himself as reliable, keep in mind that four days is an eternity in the world of rumors and negotiations. If the Big Ten were to swoop in and make a persuasive pitch or if the Texas Legislature were to really put the pressure on UT to keep the Big 12 intact, I think it's still a possibility that the mass exodus to the Pac-10 could fall apart.

But if nothing changes in the next 96 hours, we should all start preparing ourselves for the Pac-16 and the death of the Big 12.