OKay, let's say the SEC and B1G form two super conferences and everyone else is the equivalent of the Mountain West or Sun Belt right now making a tiny fraction of the money with basically zero chance to recruit the best players and compete.
I don't want to argue which teams get in and which ones don't but let's just pick the biggest schools and brands.
ESPN Division:
Alabama
Georgia
Tennessee
LSU
Texas
Florida
Texas A&M
Auburn
Arkansas
Ole Miss
Oklahoma
Kentucky
South Carolina
Mississippi St.
Vanderbilt
Missouri
Fox Division:
Ohio State
Michigan
Penn State
Michigan State
USC
Oregon
UCLA
Washington
Nebraska
Wisconsin
Iowa
Illinois
Indiana
Northwestern
Minnesota
Maryland
Purdue
Rutgers
Notre Dame
Miami
Will be included and could go either way:
Clemson
FSU
UVA
UNC
Let's just assume the TV/money providers do not pay for Georgia Tech, Louisville, Va. Tech, NC State, Pittsburgh, Oklahoma State, TCU, Baylor, Texas Tech, or anyone else from the B12 or ACC to be included. The above 40 teams are the top division and making a gazillion dollars a year and control all playoffs. Everyone else makes $10M-$20M a year and can't compete with them. I know my interest in the above will be basically non-existent. I have zero ties to any of those schools. I'd rather carve my football watching out for the NFL in that scenario and find something better to do with my Saturday's. And if a conference formed with GT, Louisville, VT, NCSU, WF, Duke and even included passionate sports schools like App. State, JMU, WVU, UCF or whatever other combination of nonsense you want to cobble together, I'd still rather watch & attend that because of my ties to Georgia Tech. I would have zero interest in watching a $10M/Yr Georgia Tech play a $75M/Yr Georgia. I already basically have no interest in watching the current GT/UGA football games because there's nothing fair about them at all. It is what it is. TV will destroy college football over the next 10 years as they destroy all these rivalries and men aged 40-60 care less and less and people aged 20-40 already care less about college sports.