According to UCFSports.com, the University of Oklahoma and Central Florida are close to finalizing an agreement for a home-and-home series between the two schools starting with the 2012 season. Also according to the report, the series would have OU traveling to Orlando next year for the first of the two games.
The Sooners would be replacing Kansas State, who have already informed Central Florida that they would be buying themselves out of that game (What?!?! Not Bill Snyder, nooooooo!) on the UCF schedule while the Knights would be replacing TCU on OU's schedule. With the Horned Frogs joining the Big 12 next year, Joe C. and OU obviously had to fill that previously occupied spot on the non-con schedule.
This makes sense for two fairly obvious reasons. (1) UCF is not in a BCS conference, but is a D-I school, so this avoids OU having to schedule East Handkerchief State and (2) it's a game in the state of Florida where the OU coaches have clearly tried to establish a recruiting pipeline. The Sooners already have three verbal commitments for the 2012 class from the state of Florida and are in the top five of a fourth (elite OT and admitted OU fan Avery Young), so returning to the state and increasing their presence in one of the most fertile recruiting grounds in the country certainly won't be a bad thing.
OU's only other schedule non-con game for the 2012 season at this point is a match-up in Norman with Notre Dame.