
Iowa State and Kansas State, two successful Big 12 programs, just hired new coaches for the 2026 season this past week. And, in turn, both schools have opted out of competing in bowl games this year.
The Big 12 has fined both programs $500,000 for choosing not to compete in bowl games. The conference’s statement acknowledged that the schools both just went through coaching hires, but cited the importance of “fulfilling its contractual obligations to its bowl partners.” The Big 12 said this matter is over, meaning the schools must’ve agreed to pay the hefty fine.