The Expansion Crisis 2010 Day 8: Updated as news comes in

9:48 am: The San Jose Mercury News is reporting that Colorado will accept an invitation to join the Pac-10 today.

Apparently, this will happen regardless of the dealings between Nebraska and the Big Ten.

If, somehow, the Big XII manages to stay together, the Pac-10 will add Utah, which has been reported on quite a bit, in order to become a 12 team league. That means two divisions and a Pac-10 conference championship game.

This stuff happens quickly. I bet we are far from done today. Hit the jump for more:

10:10 am: The Oklahoman is reporting that they were told by a high-ranking OU official to "load up your sun-screen." Its not difficult to see that as a thinly veiled reference to the Pac-10 and the west coast.

It looks like this is happening.

11:40 am: It's offical: Colorado is going to the Pac-10.

12:50 pm: As Stewart Mandel points out, Colorado's move signifies a bad end for the Big XII. The Buffaloes were unable to buyout the contract of football coach Dan Hawkins, but if the Big XII remains once the realignment axe is finished swinging, they will owe a $9 million fee for leaving the conference. If they couldn't afford, or didn't want to pay, the buyout, would they consciously decide to pony up the $9 million?

2:00 pm: The Big XII exodus continues. TMZ Sports is now reporting that Oklahoma State will be the third team to leave the conference, as they join Colorado in heading west. If that's true, then it likely ends all speculation that the four Texas schools were considering the SEC.

4:30 pm: A television station in Kansas City is now reporting that Texas and Texas A&M are headed to the Big Ten, Oklahoma is petitioning to join the SEC, and Oklahoma State will be joining the Pac-10. An earlier report from TMZ comfirmed Oklahoma State accepting an invite from the Pac-10. Texas and Texas A&M would be leaving Baylor and Texas Tech, as well as Missouri, to their own devices.

As far as UT and A&M are concerned, many are not buying the rumor. Chip Brown of Orangebloods.com, who has been absolutely dominating this story, tweeted earlier that any news about the two schools joining the Big Ten "would be news them." So take that scoop with a grain of salt.

5:00 pm: This is not exactly expansion related, but Kansas athletic director Lew Perkins has announced that he will be resigning at the end of the 2010-2011 school year. This comes on the heels of a federal investigation into a scandal involving scalped tickets, a scandal involving athletic equipment, a fight between his football and basketball teams, and the potential for the Jayhawks to be without a conference once realignment is complete.