Spelled Out in Black and White

This is going to be as simple as we get here:

"Big XII and its members will not take any legal action"

"However, the waiver did not and could not bind the individual member institutions' governing boards to waive institutional rights."

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What's more, Mississippi State President Mark Keenum reaffirms that BOTH the Big XII and it's member institutions agreed to not pursue legal action with this quote:

"Last night, we (the SEC presidents) were called to Atlanta by (SEC) Commissioner Slive to discuss the possibility of accepting the application that had been submitted to the conference by Texas A&M to join the SEC. We were to arrive at 6 pm. As the different presidents and chancellors arrived we gathered together and the commissioner came in and said we have had a late-breaking development. He said we have heard from one of the Big 12 member schools, one of the presidents of one of their schools called and said he would no longer support his earlier agreement to give Texas A&M complete legal waiver to leave the Big 12. He had changed his position and would pursue legal actions against the Southeastern Conference if we were to extend an invitation to Texas A&M. We also heard from the commissioner of the Big 12 and he basically reiterated that a member school had withdrawn their earlier support and he anticipated legal action from that particular school.


"So, that was the situation as we entered the meeting last night. It was a complete surprise to all of us because we had received a letter from Dan Beebe, the Commissioner of the Big 12, last Friday, September 2nd, that clearly spelled out that their league had unanimously voted to give Texas A&M complete legal waiver from any potential legal action, allowing them to leave the Big 12 conference. That's what prompted the formal meeting of all the presidents coming to Atlanta and making a decision as to whether or not we wanted to accept Texas A&M as a member of the SEC. Texas A&M had submitted a formal application for admittance to the SEC. But due to the latest development we weren't able to extend that invitation.
"However, we did vote last night. And I believe we sent a very strong message in our action last night. We had a unanimous vote to, basically, say that we would be willing to invite Texas A&M to be a member of the SEC pending a resolution of the legal issues that are still outstanding between them and the Big 12.

"We, basically, said the letter we received (from the Big 12) needs to be reaffirmed by their league. Once that is the case, then we will extend an invitation. But it has to be to our satisfaction that we feel satisfied that we won't be encumbered by lawsuits that will be tied up in courts for years.

"Once the attorneys for the SEC assure all the members (of the SEC) that Texas A&M is legally free and clear to leave their conference we would welcome them into the SEC."

So which is it Dan Beebe and Big XII Conference?  How do you go from "Big XII and it's members" to not being able to bind individual members?  And why would an SEC President go on the record and state that the agreement involved BOTH the Big XII and it's member schools?  It's pretty clear to me that both the Big XII and it's members agreed not to pursue legal options, and are now going against the written promise.

Somebody is lying.