From Tim Montemayor - guy talking about NU coming back.
Confirmed w/5 sources:2 in TV, 2 university sources involved with Big XII expansion and a prominent NU alum that talks are ongoing for the creation of a new conference that would include NU, TCU, BYU, Cincy and a majority of the current Big XII members. OU is part of those discussions but is reluctant to be involved. The new venture has prelim support of ESPN, FS1, Directv, and Google. The significant obstacle appears to be OU and cooperation of many other entities including the NCAA. The new money available through online streaming and "enterprising new content" is a significant and would be groundbreaking in the way college football games an non-game content is distributed and consumed by fans. ESPN is working hard to fix their subscriber purge and the idea of working with universities and tech companies to deliver viewers may fix that.
Someone asked which members of Big XII left out, he said Baylor for sure.
Whether this guy has a clue or not, who knows. Sounds like there are still a number of obstacles even if there is some truth to this. All I know is this fits with what else is being said. This guy said no expansion because of OU and then Leath basically verify's it.