WVU will find a place at the table, I bet--still think the ACC or SEC will take them. But Baylor, TCU, and Iowa State are totally about to get dropped backwards--possibly KSU, too.
Still think the powers that be want the Pac-16/18 to happen--getting the Texoma 4 or the Texomakan 6 would make a lot sense for the networks and bowls. I still see three pods of 6 being setup--Pac 12 North (WSU, Washington, OSU, Oregon, Stanford, Cal) Pac-12 Southwest (USC, UCLA, ASU, Arizona, Tech, UT), and the Pac-12 Midwest (Utah, CU, KSU, KU, OU, and OSU). Play your 5 pod teams, plus 2 from the other pods each, but keep rivalries together annually (UT-OU, USC-Stanford, UCLA-Cal, OSU-Tech, for example).
Conference championship game is between the two highest rated division winners.
In hoops and baseball, you'd play your pod teams home-and-home every year, then play three teams from the other pods each year, rotating those teams out every two years.