Memphis really wants to move to a Power 4 conference. That much has been clear through multiple rounds of conference realignment, and continues in 2025.
Sports Illustrated's Pat Forde reports that Memphis made an "'impressive' monetary offer" to the Big 12 Conference as it pushed for membership in the league. Yahoo Sports' Ross Dellenger reports that the number in question is "expected to be as high as $200 million over the next five years." Memphis also offered to abstain from taking its revenue distribution over the same five-year time frame that it would be paying the league for membership, per the report.
