I expect a Great Compromise.I was under the assumption that the payouts would be per team selected. I think that would be satisfactory to all parties.
A chunk per conference (senate), and a chunk for each conference based on # of teams selected (house). Individual teams might get a smaller chunk as well to themselves.
So if 300m per year, maybe:
20m per conference (p5+1 for g5),
10m per team to the conferences,
5m per team to the teams
So 20% to the individual teams, 40% equal to conferences, and 40% by selections.
Not sure if that would sate the SEC and B1G or not. If they got 6 of the 12, then they are taking 43% overall.