There's been some more "informed" speculation about what the proposed new format that the task force recommended would mean in terms of money and timing. (It comes from a Jon Wilner article in the San Jose Mercury News, which you'd need to pay for so I won't link it). What's driving all this is the desire to quickly recoup the anticipated losses from COVID - basically, the only thing that stayed the same was the TV revenue and in-game stadium and related revenue all fell precipitously and is expected to rebound only slowly this year. Currently, P5 conferences make about $9 million per school (that varies based on conference size and the Big 12 has an advantage) from the playoff TV deals - that is expected to increase to a whopping $27 million per school with the proposed new deal. That's a tripling of revenue; which explains the positive feedback and momentum from sources you might not reasonably expect otherwise. It would, of course, all have to be negotiated but the speculation is that there would be 6 shares - 1 each for the P5 conferences and 1 for the G5 conferences (we'll see...).
They want to do this quickly! Under the existing arrangements, they can't do it for this year or next year, so 2023 is the targeted date if negotiations and details could be finalized for that timeframe.
If this is all true (big caveat), this is even better news for TCU (although fans won't see the money). Not only would the Frogs have a vastly improved chance of making the playoffs (we've qualified 8 out of the past 25 years), the school and the conference would make lots more money and that would result in decreasing pressure for conference realignment.