What I don't understand is that these power 4 conferences have to understand that they are pi$$ing away 2 shares of the playoff money to teams and conferences that clearly don't belong. At some point, the profit motive will win out. I fully understand that these conferences and ADs at schools may be incompetent but at some point, someone may press them on why 1/6th of the money is being gifted to undeserving teams/conferences that are clearly a lower tier.
Any competent people at the power 4 conferences would look at this and say, why are pi$$ing away this money and damaging our product at the same time? Who wants to watch 1st round games that you know are going to be blowouts the moment that the bracket is released? My guess is that the non-power 4 1st round games are going to be barely watched in the future. Who wants to watch a glorified scrimmage game dressed up as a playoff game? You continue to water the product down like that and people are going to start questioning if this is even a playoff anyway (many already have). And when the ratings drop, they all lose.