if a 40-team league was to happen it would be ugly for most. using national titles, revenue, apr, and such as metrics - sporting news said this is how it would look. some weird schools.
i would say land grants like k-state and iowa state would have no shot. notice this metrics based list excludes wvu, inidana, nebraska, ucla, and others of that "class." they should be careful.
1 Alabama, Ohio State, Clemson, Michigan, Georgia, LSU, OU, Wisconsin, FSU, Florida
2 Notre Dame, Washington, Penn State, Auburn, Utah, Oregon, Texas, aTm, Ole Miss, Iowa
3 Boise State, USC, Missouri, Cincinnati, Air Force, Minnesota, Michigan State, South Carolina, Miami, UVA
4 Tennessee, Northwestern, Louisville, Mississippi State, TCU, Kentucky, Arkansas, North Carolina, UCF, Wake Forest