"TCU has been invited to join the Big 12 Conference and is expected to accept the offer for the 2012-13 school year, college football industry sources told CBSSports.com.
TCU was scheduled to join the Big East on July 1, 2012, but instead will join the Big 12. By leaving the Big East before it officially became a member, the Horned Frogs will have to pay a $5 million exit fee but is not bound by the Big East’s 27 month requirement for notification."