The CFP and ESPN have officially extended their broadcast agreement, starting in 2026 and running through the 2031-32 season. The deal will average $1.3B per year. The exact format is still TBD, but the field will definitely expand from 12 to 14 teams. The big issue/debate recently was more about the revenue distribution....and here it is:
B1G/SEC: 29% each (>$21m per school)
ACC: 17% ($13m per)
B12: 15% ($12m)
G5: 9% ($1.8m)
ND: $12m+ $6m bonus for making field
So in addition to broadcast deals worth tens of millions more per school, Big Ten/SEC members will also get about $10M more each from the CFP than their next-closest competitor.
Not mentioned are the non-Notre Dame independents, which at this point is just UConn (but may also include Oregon State and Washington State, depending on what becomes of the Pac-? in two years). The Huskies will collect just $360,000 annually from the CFP, though with what's going on right now it would be no surprise to see them end up in the ACC if there are defections.