Citing a confidential source, CN has learned that the Universities of Nebraska and Kansas are in secret talks regarding a plan to merge athletic departments. The result would bring great football to Kansas and great basketball to Nebraska while at the same time strengthening the earning potential for both schools. The Big 12 conference currently splits television revenues based on appearances, the idea is to leverage the best teams of both schools against other schools in the conference.
The football team will remain the "Cornhuskers" while the basketball team will retain the name "Jayhawks", although the new school colors will be a mixture of red, white, and blue with the hopes that the newly formed merger will generate a flurry of merchandise purchasing, driving further revenue into both schools.
It's not known at this time whether the merged athletic departments will make a plea to join the Big 10, or urge the Big 12 conference to stay intact and seek expansion by bringing in another school to join the conference.
When asked about the radical nature of the merger, our source stated, "Everyone knows there's a recession coming to collegiate athletics and the result is going to be a radical shift in how universities operate. You'd better prepare yourselves. We aren't the only schools talking about things like this."