Please provide a link to where the powers that be have agreed to give the P2 control of the future format and eligibility criteria beginning in 2026. They have agreed to the $21 million P2, $13 million ACC, $12 million Big XII payouts, but I have not found anything stating they have agreed to just blindly give the P2 control over the format and eligibility going forward.
Everyone seems to be on board about moving from 12 to 14 (ESPN pushed them for that in their contract), but they are expecting a possibly contentious negotiation as the only eligibility criteria agreed upon for 2026 forward was the top 5 conference champions will get a spot.
It's a lot of money on the table to back out of the deal over eligibility and the non-SEC and non-B1G schools have shown little backbone to date, so the odds of them telling the P2 to **** off are pretty much nil if the P2 get even greedier about participation by their schools, but personally, I'd love to see it.
Frankly, the thought that SEC and B1G wins mean more and losses mean less narrative is already out there - even with AP and college poll voters. I'd say the smart play by Sankey and Petitti is to leave the criteria as is - top 5 conference champs make it in and everyone else based on ranking. It's highly doubtful the "SEC/B1G is better narrative" will go away in 5 years so they'll still get at least 3 teams in each year. Cherry pick the teams you want over the next 7 years and break off to their own playoff after this contract runs out.