Beebe played down the notion Texas was the only school holding power during the realignment talks.
"Texas has a lot of influence," he said. "But I think you have to also look at Texas A&M and Oklahoma. They were hotly pursued by a number of conferences. Their value, based on their marketplace, history, were desirable. Frankly, they could have left for a guaranteed situation.
"One of the misnomers is this all about money. They are committed to this conference for more reasons than that."
Beebe said he doubted the conference would pursue expansion, and that he was unsure if the league would petition the NCAA for permission to hold a championship game.