Looks like the CFP will remain at four teams through the end of the contract.
Again not surprised. The Alliance will use the impending deadline as leverage to get what they want. Also, I expect that they will also use this to get new TV deals outside of the ESPN spider web.
I say bully for them. Anything that brings down the mouse I am for.
Bowlsby (Big 12 commish) is quoted in the article. He is clearly afraid of losing more teams to other conferences, which is why he wanted something done now. If he can show his remaining members that they have a chance in the CFP, then his thinking is that they are less likely to leave.
Problem for the teams in the Big 12: they have nowhere to go, so that threat is empty. If Kansas gets a Big Ten invite, there is little the Big 12 can do to stop it.