Yeah, no way that the bottom of the P2 would ever vote for this. Believe it or not, but the P2 seems fine knowing that teams like Vandy, UF, NW, Illinois, etc., get a full share. And, how would this be good for competition? Right now the disparities are not horrible. But if you get 16 schools getting $250 million, and the bottom getting $30 million, that's worse than what we have now.
Also, are they sure an expanded playoff would generate more money? You can only expand it so far before you are playing 20 games a season. And no one is going to vote for fewer regular season games.
This is a point I raise all the time is that the minute you get rid of the Vandys, someone else becomes Vandy. Losses are zero sum. In this case, the minute you get rid of G5 and FCS opponents, then some of the 70 become the G5 schools. In other words, the bottom tier in particular win 3-4 games a year playing the G5. Take that away, and 4-8 teams become 1-11 teams. Who wants that?