ESPN and Fox Sports are opposed to the Big 12’s plans to expand, Sports Business Journal reports.
The networks believe the conference’s level of competition could be watered down by adding new schools, according to the report.
The Big 12 announced last month that it will evaluate its options for expansion, potentially adding to its current membership of 10 schools.
Under the terms of the conference’s television deals with ESPN and Fox, each school receives about $20 million annually and the networks would be required to pay that same amount to any new members. The contracts expire in 2025.
Colorado, Missouri, Texas A&M and Nebraska left the conference in 2011 and 2012, and were replaced by TCU and West Virginia.
The conference’s rumored expansion targets are exclusively non-Power 5 schools like as Houston, Cincinnati and Connecticut.