https://www.ncaa.org/about/resources/media-center/news/general-ncaa-board-of-governors-to-convene-constitutional-convention
Read Robert Gates' comment very carefully. He's basically telling the NCAA they have little influence or even need moving forward. All of the current realignment is irrelevant. The P5 schools are going on their own way. They will be polite about it because the NCAA filled their pockets for many years, but it's over.
Move fast G5 schools. You're getting your own division. Make something of it. It's a great opportunity.