I just want to see the solution. Humans/organizations don't like giving up power. I'm guessing it's going to be a smaller number of teams than I originally thought playing in some sort of league. I'm betting that number will end up around 40.
I think the fans still want to see some sort of conference layout. I know I do. Now that we're basically at 4, maybe that ends up as SEC, B1G, ACC and Big 12 each having 20 teams. So 80 schools in "big time" collegiate competition.
Playoffs should still allow a couple teams from outside those groups into the postseason bracket.
Barring a coaching change, each player only gets (1) transfer portal entry for their career where they don't have to sit out a season. If they want to transfer again fine - but it will be like the old days where you sit out a year.
Not sure what you make the cap at - but I would make one that is overall for the school and a max for an individual player. So like the max for the program is $15 million, and the max for an individual player is $3 million.
Just spitballing during a boring conference call. Who sets up a conference call on a fucking Friday anyway? Fucking assholes.