UPDATED: Friday, April 13, 2012 - 9:54am
COLLEGE STATION -- The first Texas A&M football game is this Sunday but that's not what people in town are talking about.
As the rumors and speculation spread like wildfire about the Aggies leaving the Big 12, everyone on campus just wants to know what is true and what's not.
The Aggies are one step closer to leaving the Big 12 after Commissioner Dan Beebe responded to President Loftin's letter, asking the Big 12 to outline the withdrawal procedures A&M needs to take, which has many students talking.
"Athletically on the field it'll be a lot more exciting and the SEC has a lot of tradition so I think we'd fit in really well," said A&M student, John Paul Wiechkoske.
And it's not just the students who have something to say.
Monday the New York Times reported that President Loftin informed Big 12 Chairman, Brady Deaton, of A&M's withdrawal but officials were quick to confirm that a letter was never sent and that leaves one student frustrated.
"You know you read on ESPN a source says this, a source says that and then you find out two days later that it's totally not true but until it's written down and for sure on the news and everything is for sure you can't really say much," said A&M junior, Drake Lawsage.
But one thing we know for sure is that the Big 12 did outline withdrawal procedures for the school.
According to the Big 12 bylaws, if A&M leaves the conference they would have to forfeit 90 percent of its conference revenue made during 2010-11 and 2011-12 season. That's estimated at almost 28 to 30 million dollars.
Those fees can be negotiated but before A&M can join the SEC, the Aggies have to formally withdraw from the Big 12, which leaves Lawsage a little nervous.
"It's a big concern because they can't say they are going to accept us yet, they have to get 9 out of 12 presidents of the SEC to accept us and I don't know if it's going to happen," Lawsage said.
Although A&M officials are keeping quiet, many speculate a decision will be formally announced before the end of this week and student's are anxious to hear what'll happen next.
John Paul Wiechkoske said, "As long as it's the truth so you want to hear the truth. You don't want to hear falsehoods."