No it wont, because the Big 12 will also be getting that playoff money. So it wont close the gap, it will just remain the same if both get the same amount for the playoff, because it is not paid per team, it is paid per conference, and divided. Just because you add teams doesnt automatically give you another 22M each team.
I believe your wrong.
What I have seen the equal split per conference is changing with the 12 team playoff and all the P5 schools will get an equal split of the monies not given to G5 schools. That makes sense, because no way were 16 team Big10 or SEC going to split equal $ as a 10 or 12 team Big12/Pac10.
On my close the gap statement, maybe I wasn't clear. The Pac12 could use the Playoff money to "close the gap".
Big12 Schools.
Big12 Media Deal - $31.7M per.
P5 Playoff (71 Teams) -$22.5M.
Total Big 12 - $54.2M.
Pac12 Schools - 2 New
New Media Deal -$15.0M per
P5 Playoff - $12.0M
Total Pac 12 New - $27.0M
So the Pac12's "big boy entry fee" for SMU and SDSU is $41M. $20M in lower media deal payments & $21M Playoff $ held back.
Pac12 Schools - Legacy
New Media Deal -$25.0M per.
P5 Playoff - $22.5M per.
Pac12 Fee - $4.1M ($41M/10)
Total Pac12 Legacy - $51.6M
Gap closed between Big12 and Pac12 Legacy from $6.7M to $2.6M.
Why would SDSU do that? They are scheduled to make $4M on MWC media deal and $7M on Playoff. $27M in Pac12 is a lot more than $11M in MWC. Likewise, SMU would make $14M in AAC. Both figures assume G5 schools will get 20% split of 12 team Playoff monies or $400M annually. IMO, that is not a certainty as each G5 school currently receives about $1.33M annually.