Like I stated earlier, I really think the money aspect of this when it's all said and done, will not be as big as an advantage for these schools as many of them think.Not a chance. I love Iowa State but Iowa State will never be in the SEC.
What needs to happen is for the College Football money bubble to pop. The P2 conferences thinking they can just pile elite teams together and the money will only grow longterm. The problem is you are alienating the other half of the old P5 teams who will not watch P2 games if it is no longer the same stage. Those mega contracts peak and start to go the other direction, especially if cord cutting and streaming becomes the new standard since you can no longer force non-CFB fans into cable and satellite subscriptions for ESPN, FS1, Big Ten Network, SEC Network. Not to mention you put all these elite teams in the same 2 conferences mathematically many of the "elite" teams have to lose. You are going to get some unhappy teams when they can't win (looking at Texas, UCLA, etc).
College Football is better as a whole if all the FBS teams are on the same stage. Blow the whole thing up, hire a commissioner over all of FBS, get rid of conferences, create regional divisions, have protected cross division games, and rotate the rest of the games with other divisions. You get EVERYONE buying subscriptions (not just fans of the 40 P2 team and the few above that just happen to have that streaming service) which creates an enormous money pool to share, and return to the regionalized divisions that just like conferences were 15+ years ago and created the best rivalries in football. The top teams from each division go to a playoff and the rest go to bowls or season is over.
I am definitely oversimplifying it and this is unrealistic but it is better than what the current trajectory of College Football is going. Even Kirk Ferentz said he is concerned about the future of college football despite Iowa being on the fortunate side of the landscape. Just my thoughts on a Saturday evening. Ready for ISU football to be here despite the crap outlook of my favorite sport.
Most schools, including ISU has been pumping money into their football program for going on 10 years now, so while the B10 and SEC schools can pay off the debt faster, they are not going to tear those facilities down and rebuild them.
Unless they can find a way to start paying the kids NIL money from this fund, which then make them employees, which they do not want. Or increase scholarships from 85 to 100 or more, the impact will not be as great as these schools hope it will be.
The nonrevenue sports will be the ones that benefit the most, along with the coaches and AD's of the major sports of football and basketball. ISU will be fine if they can maintain its current level and continue to gradually increase it.