I am not sure why Fox presented this. ESPN already has the contract from 2026 - 2032:
Per AI: In addition, ESPN has secured a new, six-year agreement – beginning in the 2026-27 season – for the entire CFP, which includes exclusive rights to all rounds of the expanded playoff – first round, quarterfinal, semifinal and National Championship, as well as continued exclusive rights to all ancillary programming ...Mar 19, 2024
So, FOX has nothing to do with this.
There are a lot of sources reporting this play-in idea. If I were the SEC, and they are serious about 4 AQs, I would have the two top teams play - let's remember that UGA beat a higher ranked Texas - with the round 1 bye at stake. Then do the 3 v. 6 and 4 v. 5 at home fields. You could have noon, 4pm and 8pm games. The main problem there is that if the B1G does the same thing then you would have them competing against each other. Still that would be a hell of a Saturday.
Those who say that isn't fair for the no. 3 team to have to play-in, let's recall that this year in the SEC we had 2 teams at 6-2 (UGA and UTjr), and then 6 teams at 5-3. Interestingly, based on the tie-breaker, it would have been USCjr @ UTjr, and LSU @ Bama. OM would not have had a shot ... losing to Ky and UF would keep them out. OM actually finished 8th in the league by tie-breaker.
If they go 4 AQs, the SEC will likely go to 9 games as that will cause some separation in the tie breaking.