The most logical way forward for college football would be to separate from the conferences themselves, allowing all other sports to go back to more logical, regional leagues, as all other sports have a defined playoff system and multiple contests.
The way I envision it, is that all 133 FBS teams would form the College Football Association and collectively sell yearly media rights like the NFL does. Divide those teams into 8 regions with 2 divisions each of 8 to 9 teams per division. Each team plays the other 7 in its division plus 4 to 5 cross region games in the same division. The top team from the lower division would move up the next year to the top division and the lower one would move down, within the same region. Playoffs would be a 16 team playoff, top 2 teams from each D1 region. D2 schools would not be eligible for the playoff but instead play a D2 championship (8 team playoff).
Now when it comes to money, I would guarantee each division 2 team a base amount (roughly what they get now from media rights) with performance escalators that if you finish in the top 2 in division 2 you would get the same base as the division 1 teams. This would ease the blow for getting relegated down as well as make it easier to move up. The Division 1 teams would get paid based on finishing order and appearances, so you finish at the top you make more, or if you are popular you make more. But the appearance incentives would be smaller compared to the competition incentives. Every team would have to provide compensation to the players based on their division.
Basketball rights and rights for all other sports would be separate and outside the CFA, likely handled like it is today.
There would be numerous schools that would take that in a heartbeat, knowing that they don't ever want to invest to compete consistently at the highest level, but also knowing that if they put a run together they can possibly move up for a couple of years. It would vastly reduce travel costs, create more broadcast windows, and reduce the need for shuffling around.
The way I envision it, is that all 133 FBS teams would form the College Football Association and collectively sell yearly media rights like the NFL does. Divide those teams into 8 regions with 2 divisions each of 8 to 9 teams per division. Each team plays the other 7 in its division plus 4 to 5 cross region games in the same division. The top team from the lower division would move up the next year to the top division and the lower one would move down, within the same region. Playoffs would be a 16 team playoff, top 2 teams from each D1 region. D2 schools would not be eligible for the playoff but instead play a D2 championship (8 team playoff).
Now when it comes to money, I would guarantee each division 2 team a base amount (roughly what they get now from media rights) with performance escalators that if you finish in the top 2 in division 2 you would get the same base as the division 1 teams. This would ease the blow for getting relegated down as well as make it easier to move up. The Division 1 teams would get paid based on finishing order and appearances, so you finish at the top you make more, or if you are popular you make more. But the appearance incentives would be smaller compared to the competition incentives. Every team would have to provide compensation to the players based on their division.
Basketball rights and rights for all other sports would be separate and outside the CFA, likely handled like it is today.
There would be numerous schools that would take that in a heartbeat, knowing that they don't ever want to invest to compete consistently at the highest level, but also knowing that if they put a run together they can possibly move up for a couple of years. It would vastly reduce travel costs, create more broadcast windows, and reduce the need for shuffling around.