Aggies receive letter from Big 12

By KRISTIE RIEKEN | August 29, 2011 | 7:55 PM EDT

COLLEGE STATION, Texas (AP) — Texas A&M has received a letter from Big 12 Commissioner Dan Beebe outlining the withdrawal procedure should the Aggies decide to leave the league.

University spokesman Jason Cook says the letter received Monday "outlines the withdrawal procedures according to the financial provisions of the Big 12 bylaws and mutual waivers of legal claims."

The Aggies are interested in joining the Southeastern Conference and the letter comes less than a week after they formally informed Beebe they are exploring their options. The league's board of directors addressed the expected departure of the Aggies this weekend.

Texas A&M President R. Bowen Loftin says in a statement that this is a "complex and long-term decision," but that "it is not our intent to prolong our conference exploration for an extended period of time."