Big 12 blew it by eschewing playoff

No one is in a more desperate spot than the Big 12, which this week could see as many as eight league members receive invites to leave.

It’s all because of money. And when it comes to money in college athletics it all comes back to one thing – the leaking oil disaster that is the BCS.

There are two major revenue streams left in college sports – football television contracts and a football postseason. (The men’s basketball tournament is essentially maxed out.)