NORMAN, Oklahoma – OU president David Boren, athletic director Joe Castiglione and coach Bob Stoops will be on hand at a 6:30 press conference at the University of Oklahoma.
News9.com and NewsOn6.com will live stream the event as it happens.
Oklahoma State University will also release a statement "regarding the Big 12" after 6 p.m.
Both schools are expected to express their support of the Big 12 and their intentions to stick with the conference moving forward.
The University of Missouri has also scheduled a press conference for 6:45 p.m.
The Big 12 conference had a conference call Thursday afternoon to discuss the future of the conference and other issues related to it.
News9.com will update this story as more details become available.