John, you make it sound like each conference gets the same money from the college football playoff regardless of size. Is that true? Why would the four largest conferences allow the Big XII to make the same money vs splitting based on number of schools? I have the same question about the Sugar Bowl. Why would the SEC agree for an even split by conference instead by number of teams? Didn't the SEC have the negotiating leverage because they could have chosen either the Big XII or ACC?
You're reading between the lines. No need to. I didn't get into every detail or else my response would have been 700 paragraphs.
The five power conferences -- SEC, ACC, Big Ten, Big XII, Pac-12 -- will split about 70% of the annual playoff revenue. But those leagues will also get an added payout based on the bowls their teams go to inside the playoff and simply in the "big bowl" rotation. So, no, not every league will get an even share. But they'll all get a handsome chunk of cash.
The leagues are the entities cutting these deals, so each league gets a cut -- not cuts for each school. That aids the Big XII -- just 10 teams -- in terms of the big revenue share. But the league could be hurt by only having 10 teams capable of reaching a major bowl as opposed to 14 in the Big Ten, SEC, and ACC.
Bottom line: The big boys will all be wealthy. But the SEC and Big Ten stand to make the most money over the next couple of decades. But things can change and we have no idea if the Big XII or Pac-12 or ACC might expand again, cut a new television deal with someone, etc.
Interested in Andrew's questions as well.... i have always wondered why they are allowing the split to be that way.