I don't know exactly how we get there, but I feel like this is where it is heading.
Conferences would be intact - but not for football - for all sports except football.
I'm not sure it is going to be about blowing up contracts. I think more than likely what would happen is a group of schools are basically going to say we are creating this level, this is the amount of resources/money you have to be willing to spend to be in this level. And I think the vast majority of universities are going to say we can't commit to that level of funding.
I think probably close to half the teams would come from the SEC and B10 - they have the schools with the resources to be involved.
From the SEC i'm thinking it will be TX, TX A&M, OK, AL, UGA, FL, LSU. That may be it. There will be others that would like to be in the league but whether they could truly fund it is a ?