Mike, what did you think about Kelly's argument here?
It's what everyone has been thinking for a long time.
College football has become this chaotic in large part because it lacks any central governance (the NCAA, per the 1984 SCOTUS ruling in NCAA v Board of Regents, is feckless). Every conference is out for its own best interests, which often times are the antithesis of what is best for the sport. Athletes in non-football sports are now going to have absurd and entirely unnecessary travel conditions put on them because they have to go where football goes (as Kelly says, they don't have to, but the idiots in their ivory towers seem to want it that way)
Players now jump around year-to-year as hired mercenaries because instead of treating them as employees and collectively bargaining with them, thus giving schools the ability to contractually bound them, the schools insist on continuing to treat them as students (and the courts say you can't restrict a student's freedom of movement).
Where Kelly's idea falls apart, IMO, is that the sport's most valuable brands are no more than about 20. Through their sheer greed, I don't see them signing up for a 64-team league where TV money is shared equally. I'm sure the likes of Alabama and Ohio State already hate sharing money equally with Vanderbilt and Purdue, respectively. And for Kelly's idea to happen, you need the Alabama's and Ohio State's on board.
I think ultimately we are looking at a subdivision that numbers somewhere around 30-ish teams. That will draw a lot of casual fans and TV money. It will also leave fans of a lot of schools on the outside, such that I'm not sure it would ultimately be a good thing. Despite the lack of parity, college football has had at least the veil of inclusivity about it. Saying to most of the 130+ FBS teams that "you are no longer part of our club" might have a damaging psychological effect on how a lot of people view the sport.