Yup. This current go round is to figure out the haves and have nots. And, really, its just how remains at the "power 5" table, or however you want to call that.
Once that's figured out, the TV contracts are next. How can they be altered, how do the different networks get satisfied.
Then its another round of some sort of reorganization geographical alignment. TV will be heavily involved in that to get a few USC-OSU types matchups per weekend without loading up the top tier school schedules to play only top tier opponents. There will still be the Purdue-Northwesterns because those schools minor league programs are going to be needed to fill things out. They're not going to have Alabama play a schedule of Clemson, Ohio State, USC, Oregon, Oklahoma, Michigan, Georgia, Notre Dame, LSU, Florida, Utah, Texas, Penn State. They'll figure out how to shuffle in Boston College, Rutgers, Arizona, Kansas, etc, etc.