There's no doubt that this will generate more money for the league. That's obviously why all the schools are on board, it's great for them. But are you incapable of understanding why some fans would be turned off by this? It's not like we'll ever see a dime of all this additional money, but the fans may lose some good things along the way.
I know it's easy for a Gator fan to not understand what the Alabama series means to UT fans, but IMO losing that would be devastating. Of all the cross-divisional rivalries, none mean as much as UT/Bama from a historical perspective. But, when you end up with 16 schools in a room trying to hash out how this complicated schedule will work, the interests of 2 of them probably won't carry the day when none of the other members have a rivalry like that. Even with a nine game conference schedule you get into a scenario where in order to preserve the cross-divisional rivalries you can only play one rotating opponent, and that means you'll see those schools just a couple times every decade and a half. Most schools probably aren't going to go along with that just so UT and Bama can play each other every fall.