“This waiting period would be a major financial hit for a university as it would not receive any media rights monies from any conference during that period. Additionally, they could not participate as a member university in the CFP or conference championships. So, this waiting period is a non-starter for many P4 universities.”
Writing after the midterms, said the Protect College Sports Act's rule making a school sit three years as an independent before switching Power 4 conferences is a deal-breaker for many schools.