Klatt addressed this in his latest podcast (he is very good on these topics). He believes:
1. The CFP committee is absolutely ready to give a bye to Boise, no matter what happens in the B12 final weekends.
2. He believes it is possible that if Tulane wins out, and the B12 yields a chaos champ (4 loss TT or Baylor), Tulane could pass them and leave the B12 entirely out of the CFP. He believes that if BYU, ISU, KSU or CU win it, the committee will jump the champ over Tulane, putting them in the CFP.
Klatt, for reasons personal (Buff grad) and professional, is pro-B12. He calls it a “flat” conference- no one is too high or low wrt peers. That’s great for Saturday game competitiveness but awful for other reasons:
-Conferences always have to look ahead to the next media contract. Being compared to the AAC and MW, instead of the B1G and SEC, is bad for business.
-If the ACC gets two teams in, as looks possible/probable, it cements their status as the third best conference. FSU and Clemson struggles also help stabilize the ACC.
-The B12 has existed for almost 30 years. Six of the 16 are original members. Eight of the 16 have belonged for two seasons or less. It badly needs cohesiveness.