Texas and Oklahoma may get their early exit to the SEC after all.

Dennis Dodd of CBS Sports reported there are "active discussions" for Texas and Oklahoma to leave the Big 12 as the conference engages TV networks for a new contract. The two powerhouses are slated to join the SEC on July 1, 2025.

Texas and Oklahoma have maintained they will stay in the Big 12 until 2025, in large part because of the financial penalties the schools would face for leaving early. Each school must pay an $80 million exit fee to leave in 2025; any earlier departure would increase that figure.