"At the end of the day, though, these smaller leagues are powerless. What are they going to do, refuse to pay? Then the P5s would respond with, “OK, if you don’t want to help settle this massive price tag, then we’ll do our own basketball tournament. If you won’t help pay this, then we’ll keep all the revenue that you guys are enjoying to ourselves by doing our own thing. You think a reduction is bad, just wait until you see none of that NCAA Tournament revenue when we do our own tournament. So you may not want to complain too much here.”
On a positive note, if the P5s are splitting the settlement bill with the NCAA and the non-P5s using some NCAA Tournament money, that would theoretically suggest the NCAA Tourney is safe in its current state, and the threat diminishes of the power basketball schools breaking away from the smaller schools. Access and payouts from the NCAA basketball tourney are vital. It’s the lifeblood for mid-major conferences. A football-only breakaway, though, could be a different story as a restructuring of D1 football may be nearing."