A report in The Oklahoman says if the University of Oklahoma is to remain in the Big 12, it will do so only if the conference adds regulations on the Longhorn Network and removes commissioner Dan Beebe.
To do the latter, Big 12 bylaws require a majority vote of the league's board of directors.
"It's going to take major, major reforms," the source told the Oklahoman. "We'd have to have an interim commissioner."
Big 12 members were angered by the network's agreement with Fox Sports to move a conference game to the Longhorn Network and its decision to show high school highlights after the Big 12 voted to keep televised high school games off school-branded networks.
The source told the Oklahoman that a move by Oklahoma and Oklahoma State to the Pac-12 wasn't inevitable.
Big 12 commissioner Dan Beebe has been the target of criticism throughout the past year, but was given a three-year contract extension through 2015 in November of 2010 after the Big 12 held together.
In 2009, Beebe was also given a raise from $661,000 to $997,000.
The University of Oklahoma's board of regents and its counterpart at Texas granted their school presidents Monday the authority to take action regarding conference realignment.
The moves clear the way for the Sooners and Longhorns to apply formally to the Pac-12, with whom they have been undergoing discussions in recent days on how to make the schools' addition to the conference work.
After the regents meeting had adjourned, Boren admitted he's had "very warm and constructive discussions" with Pac-12 officials, but wouldn't say when the Sooners might apply for conference membership.