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Can you give me a citation for where the new plan didn't discuss money distribution? I am confident that isn't correct. At a minimum they simply agreed to at least continue to do as they do now.The 12-team proposal was a well thought out draft but it was missing one major thing, money distribution. The revenue gap between the BIG/SEC is maybe big now but just wait until they're allowed 3-4 teams while everyone else gets in 1-2. I'm not surprise to see the ACC and BIG-12 not being in much of a rush to have their playoff share go from 25% to 8%-16%
As for your the playoff share going from 25% to 8% or 16%, you don't understand how distribution is currently done. I provide two cites below, but basically there are two types of payments - per team payments (which you assumed was the way all the money was distributed) and a per conference baseline amount. Your assumption that it is all based on per team is where you went wrong.
You can read the articles, but basically while the SEC will get more than the ACC because they have more teams get in to the CFP and to bowls in general. But, the ACC would still make way more money - like 3 times the money - under the 12 team CFP than now. So, yeah, cut off your nose to spite yourself applies here. Nothing to be proud about unless owning the SEC and losing money makes you feel happy.
How Much Money Can An Expanded College Football Playoff Generate?
College Football Playoff Payouts 2021-22
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