Predictions sure to go wrong:
I think bowl games will soon be a thing of the past. If a team doesn’t make the CFP, the staff will want to focus on the portal not some scrimmage game & a Duke’s Mayo bath. Knowing how important the opportunity to practice for bowls is to teams, the NCAA (or conferences) will allow all teams to participate in workouts in December. The bowls outside of the CFP will not generate enough money for the schools to reconsider.
IMO, the conference championship games will soon be gone as the conference commissioners will collude and then plead their case to the public, “What about our student-athletes?!?! They’re basically playing an NFL schedule”. Hopefully, Swarbrick knows this as well and planned accordingly for when that happens b/c that’s the sole reason ND can’t get a bye right now as the CFP format stands.
Additionally, I think you’ll see teams who have no shot at the CFP, start planning for the future. Some out of necessity as their key players may opt out of the remaining games to prepare for the draft or enter portal. Others will be to truly move on from the current graduating class knowing they can’t help them the following year. There will be no blowback from recruits b/c this will be the new normal. Especially if players become employees. If/when that happens, there will be more players getting cut for underperformance.
It could be a harsh new world for these 18 year olds entering college but there’s also a good chance they’ll be unionized which could protect them from being cut earlier than what a team may want to do. I don’t think the majority of the fanbases quit watching (especially in the South) but there will be some big shakeups coming sooner or later.