Officials with Texas Christian University said Monday morning they will have a major announcement later in the day.
That announcement is expected to be that they will join the Big 12 in 2012 instead of the Big East.
The Big 12 issued a public invitation to the university last Thursday. TCU trustees are scheduled to meet Monday, when they will discuss and likely accept the school's invitation to join the Big 12 Conference.
A press conference has been called for 6 p.m. at the Cox Banquet Room of the Kelly Center on the TCU campus.
Should TCU move, they'll have to pay the Big East a $5 million exit fee. If they had been a member, they would have had to give a notice of 27 months.
The TCU Horned Frogs football team finished No. 2 in the country last year after a 13-0 season and a Rose Bowl win over Wisconsin. TCU is currently in the Mountain West Conference.
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