Is Nebraska on the clock?

DeLoss Dodds stood in a Kansas City hotel hallway this week and told the truth about conference realignment as only a straight-talking Texan can tell it.
“We didn’t start this,” said the Texas athletic director. “But if we need to finish it, we’ll finish it.”
I think Texas is ready to finish it, and here’s how.
Nebraska has a deadline.
When Big 12 commissioner Dan Beebe emerged from a presidents meeting Friday and talked about a “process” by which the league will decide how to sort the dalliances of some schools with the Big Ten, what he meant was, Nebraska has been called out.