Why do the PAC 12 Schools have to wait until August 1st ...

[The Nation of UCF]

..... to officially come onboard to the Big 12 ...

 

[BlakNGoldAllDay]

Because it goes by school year. August 1 starts new year. 24-25. Payouts and such for them are PAC. Ours will only be members from last year getting pay outs.