AUSTIN, TX - NOVEMBER 8: A general view of the Texas Longhorns bands cowboy hats taken during the game against the Baylor Bears on November 8, 2008 at Darrell K Royal-Texas Memorial Stadium in Austin, Texas. Texas won 45-21. (Photo by Brian Bahr/Getty Images)
Shortly after Pac-10 commissioner Larry Scott confirmed to The Associated Press in an e-mail that the University of Texas had declined an invitation to join his conference, the Longhorns put out a statement saying they would "continue competing in the Big 12."
Oklahoma and Texas A&M also say they will stay in the Big 12, which on Friday seemed in danger of falling apart after Nebraska and Colorado both decided to leave over the next two years.
Texas president William Powers Jr. wouldn't give any details about why the school decided to stay put when asked by the AP. The school has scheduled a news conference for Tuesday morning.