The Big 12 will withhold a portion of Baylor's future revenue until the conference is assured changes to institutional controls are in place.
Baylor, required by federal law to immediately address allegations of sexual violence involving students, did not examine a sexual assault report made against two football players for two years.
A former Baylor student's suit claimed the school failed to protect her and other women and ignored her pleas for help after her sexual assault by a former Baylor football player in 2012.
Coach Butch Jones continues to "stay the course" as he and his program continue to face allegations stemming from a Title IX lawsuit for a "hostile sexual environment" at Tennessee.
Tennessee AD Dave Hart stood by football coach Butch Jones amid new allegations just two weeks after a federal lawsuit was filed alleging that the university mishandles assault complaints.
Tennessee coaches said an unfair picture of the athletic department is being painted by a lawsuit against the school over its handling of sexual assault complaints against athletes.