Just because I love brackets, here is an idea.
-Have your 12 team CFB Playoff..I can't wait by the way.
-create 4 or 5 other eight team mini tournaments. For example, use the qualifiers for the Alamo, outback, cotton, and gator. First two rounds on campuses and rotate the title game to one of these bowls every four years.
These bowls can't be making any money as it is, drive local economies with some more campus playoff games and make making these bowl games a title event. Less teams in bowls, higher win qualification threshold, regular season means more again, higher quality games in December and January. The NIT gets butts in the seats, I'd think this would too.
You all would watch. Could you imagine picking apart our bracket right now?