LAWRENCE, Kan—Kansas athletic director Lew Perkins said Wednesday that the five Big 12 schools in danger of being left without a conference came up with a plan that included offering money to keep Texas, Texas A&M and Oklahoma in the league. Kansas, Kansas State, Iowa State, Baylor and Missouri drafted a “business plan” to persuade the bigger schools to reject any interest from the Pac-10 or Southeastern Conference, Perkins said. The idea was to make sure the three Big 12 South schools would not lose any money by sticking with the Big 12. “Five schools got together and we tried...