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Colorado’s board of regents will meet in a special session on Wednesday with questions about the future of the Pac-12 swirling amid its inability to secure a lucrative television rights contract.

The board will meet in executive session with the agenda topic listed as “Legal advice on a specific matter — athletics update on PAC 12.”

ESPN reported that the board is expected to discuss the television negotiations.

The special meeting comes following a recent Yahoo report that said the Big 12 has reached out to Colorado, Utah, Arizona and Arizona State to determine their level of interest in jumping to that conference.

Power-conference shuffling has been ongoing since mid-2021, when Texas and Oklahoma announced their intentions to leave the Big 12 in favor of the Southeastern Conference. The Big 12 tapped into new markets by moving to add BYU, Cincinnati, Houston and UCF.

The pending exit of Southern California and UCLA for the Big Ten has left the Pac-12 vulnerable as it hasn’t been able to secure a deal without teams in the Los Angeles market.

Colorado left the Big 12 for the Pac-12 in the 2011 academic year. Its football program, now led by coach Deion Sanders, is poised to regain prominence on the national landscape.

–Field Level Media