I don't like having a potentially championship year for Ohio State depend on the likes of Rutgers, Maryland, etc., and other schools that (1) have no chance to win this year regardless, and (2) have no alumni/donors/fans banging down their doors to play.
Hell, the schools that vote not to play can still be included in the revenue (even though they don't deserve it).
You can't trust the presidents to do the right thing when it comes to football. A lot of them have likely had resentment to "the jocks" from the time they were kids...
Do you think there is any way that Dabo or Sabin would allow the bottom-feeders of their respective conferences to keep their potential championship teams off the field? Of course not....