According to Bruce Feldman of CBS sports, reports out of Texas are that Big 12 presidents and chancellors have agreed to invite TCU into the Big 12.
You can view Bruce Feldman's twitter account here http://twitter.com/#!/BFeldmanCBS
He has been receiving information from Kirk Bohls of the Austin Statesmen. He is updating via twitter and his newspaper's blog at http://www.statesman.com/blogs/content/shared-gen/blogs/austin/bohls/index.html
So what now? This means Big 12 is planning for Mizzou departure. Who gets the next invite(s)? Do they go all the way over to West Virginia and Lousiville? Do they stay a little more regional and invite BYU? Does BSU even get a sniff??