The Minnesota football team announced Tuesday night that its home-and-home series with Texas in 2015 and 2016 has been cancelled due to "a contract impasse concerning video rights."

"We are extremely disappointed that the series with Texas will not take place," Minnesota athletic director Joel Maturi said in a statement. "Our institution, student-athletes and fans were very excited about having a nationally respected program like Texas on our schedule. However there are complex rights issues in play that are beyond our control. It’s unfortunate that a mutually acceptable resolution could not be found that would have allowed the games to be played."

Minnesota was to host the first game of the home-and-home series at TCF Bank Stadium in 2015, then travel to Austin, Texas to face the Longhorns the following season. It would have been the first time since 1936 the two schools have played.

According to the team’s website, Maturi plans to fill the opening in the schedule with another quality non-conference opponent, preferably from a BCS conference. 

Texas was the Big 12 champion last season, going 13-0 until losing the BCS National Championship game to Alabama 37-21 in January.