The Big 12 is making an example of Colorado

The latest: The Big 12 said Tuesday that CU violated its "principles and standards of sportsmanship."

• Conference commissioner Brett Yormark said in a statement the league has "zero tolerance for such behavior" and appreciated CU's apology. "Hateful and discriminatory language has no home in the Big 12 Conference," he said.

What they're saying: "We respect the conference's decision, and we take responsibility for the behavior exhibited at the game," CU athletic director Rick George said in a statement Tuesday.

• "On behalf of our athletic department and the university, I want to apologize to BYU and the entire Church of Jesus Christ of Latter-day Saints community."
• Head coach Deion Sanders echoed the remorse, telling reporters per USA Today, "That's not indicative of who we are … so don't indict us just based on a group of young kids that probably was intoxicated and high simultaneously."

Between the lines: CU says it is reviewing its fan policies to ensure Folsom Field is "a welcoming place for every fan."

• Already, the university can eject fans for derogatory chants, and students could face prosecution or school discipline.

The intrigue: While conferences often fine schools for physical disruptions, like when CU was docked $75,000 for fans storming the field, this fine sets a precedent.

• The move means universities may have to police more closely fan chants, especially when playing schools with religious ties, like BYU.