but what
@manhattanbuff said was “some form of relegation.” If the top brands (eg. ND, OSU, Bama, USC, UT, etc.) said, “we’ll share our revenue, but only with 32 members, so we are the ‘Premiere’ teams which do not participate in relegation/promotion, but all the non-‘Premier’ teams participate in relegation/promotion” I’m not sure that the Marylands, South Carolinas, or frankly the CUs of the world would have any option but to accept that arrangement if they wanted to continue to field a football program roughly equivalent to the scope of todays FBS programs.