The Big 12 Conference will officially bring in four new schools in 2023. Cincinnati, Houston, and UCF reached an exit agreement at the end of last week with the American Athletic Conference.

Those three schools and BYU will join the Big 12 next year. Texas and Oklahoma are currently set to depart the Big 12 for the SEC in 2025, but that timeline could also change. If they were to stay the Big 12 would have 14 schools for two competition seasons.

According to terms released Cincinnati, Houston, and UCF will each pay $18 million to exit the AAC. They had already been paying on a $10 million exit fee in four annual payments but they agreed to each pay an additional $8 million in 12 payments to leave in 2023.

The American has already announced that they are adding UAB, FAU, Charlotte, North Texas, Rice, and UTSA from Conference USA next year.