$60 Million Sharing Cap

You fix this entire problem the same way the NFL did in the 60s.

1. You hire a commissioner and give them the power to over see all aspects of football, his say is FINAL.
2. You pool all media revenue under one power and give out equal funding floor to every team. You want more, then win more and you get more. So every teams gets $60 million, but can earn say $100 million by winning the championship.
3. All players are employees of the league and are paid a set salary scale, but able to get bonuses if they perform at a high level.
4. Schools are rearranged into 10 teams conferences using regions as the main point, all 70 power school are represented and you only play 12 games, 9 conference, 3 scheduled by the league against other power schools. Use the NFL method of best plays best, worst plays worst for those 3 games.

5 16 team playoff, 7 conference champs and 9 at large schools.
6. No need for NIL funding because each player is an employee and is paid by the league.
7. 70 man roster, 5 years to play 5, no exceptions.
8. Players are allowed one free transfer after the first two years of their contract, if they leave after that, they have to sit a year.
9. Coaches will honor the contract they sign, no more can coaches leave a school while under contract to jump to a different school.

Now few if any of this will actually happen, the B10 and SEC would rather chance killing the Golden Goose than give up power. But that is how you can fix this mess.
 
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You fix this entire problem the same way the NLF did in the 60s.

1. You hire a commissioner and give them the power to over see all aspects of football, his say is FINAL.
2. You pool all media revenue under one power and give out equal funding floor to every team. You want more, then win more and you get more. So every teams gets $60 million, but can earn say $100 million by winning the championship.
3. All players are employees of the league and are paid a set salary scale, but able to get bonuses if they perform at a high level.
4. Schools are rearranged into 10 teams conferences using regions as the main point, all 70 power school are represented and you only play 12 games, 9 conference, 3 scheduled by the league against other power schools. Use the NFL method of best plays best, worst plays worst for those 3 games.

5 16 team playoff, 7 conference champs and 9 at large schools.
6. No need for NIL funding because each player is an employee and is paid by the league.
7. 70 man roster, 5 years to play 5, no exceptions.
8. Players are allowed one free transfer after the first two years of their contract, if they leave after that, they have to sit a year.
9. Coaches will honor the contract they sign, no more can coaches leave a school while under contract to jump to a different school.

Now few if any of this will actually happen, the B10 and SEC would rather chance killing the Golden Goose than give up power. But that is how you can fix this mess.

I had the same idea awhile back. It would work if the B10 and SEC had any forethought at all. 100% it starts with a commissioner and making athletes university employees. I would make it 8 ten-team divisions and bring in some of the higher level G5. Everyone gets a base of like $40M and then you get extra money based off of TV ratings and on-the-field success. Say Michigan has a 5-7 season but still pulls huge TV numbers...they would make more like $80M. Teams with poor records and little TV audience just get $40M. Good teams that draw big numbers get $100M. Good players get more like $200k and not $5M.

Blue bloods still have an advantage because they draw the most eyeballs and have tradition/facilities to sway recruits. But everyone has at least a fair shot. Players have no real leverage here if the universities are all on board. If they don't want to sign up for CFB, they don't have to.
 
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I had the same idea awhile back. It would work if the B10 and SEC had any forethought at all. 100% it starts with a commissioner and making athletes university employees. I would make it 8 ten-team divisions and bring in some of the higher level G5. Everyone gets a base of like $40M and then you get extra money based off of TV ratings and on-the-field success. Say Michigan has a 5-7 season but still pulls huge TV numbers...they would make more like $80M. Teams with poor records and little TV audience just get $40M. Good teams that draw big numbers get $100M. Good players get more like $200k and not $5M.

Blue bloods still have an advantage because they draw the most eyeballs and have tradition/facilities to sway recruits. But everyone has at least a fair shot. Players have no real leverage here if the universities are all on board. If they don't want to sign up for CFB, they don't have to.
70 or 80 either would be fine, you still could have 10 teams divisions, based primarily on geographic, but you make it so that no region is to loaded with teams. So if you have Michigan and Ohio State in one, you make sure that ND and Penn State are in a different division. Nothing would be wrong with switching teams down the line if one division becomes too weak or too difficult.

Think of a division with ISU, Iowa, Minn, Nebraska, Missouri, Wisconsin, NW, ND, Illinois and Purdue.