All this talk about "fixing" CFB is rearranging deck chairs on the Titanic. The issue is what it has been-- networks wanting to control the product to maximize viewership, revenue and egos. And "wanting" is really "demanding," since everybody in the trickle-down wants their money and will sell out for it.
It's the Hollywood model, with sports as entertainment, conferences as production companies, schools as show runners and players as content providers. Fans are the audience paying more and more for an increasingly diluted product.