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Big 12 board votes to share TV revenue

Updated: October 3, 2011, 9:39 PM ET
By Andy Katz | ESPN.com

The remaining Big 12 schools have taken a major step toward staying together by agreeing to equally distribute Tier I and II television revenues, a deal that will be complete with all nine institutions' individual OKs.

The conference, after going through a second straight year of dealing with at least one defection from its membership, announced that its board of directors had adopted the plan Monday after discussing it over the weekend.

The football and men's basketball revenue ...

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