All good points...since this is National signing day I will tack on the method at which teams stay relevant using NIL and TV exposure to draw players. It makes primary NCAA sports, especially basketball and football, lopsided from day one. I do not think fixing it is easily possible as imagine a draft being instated? Your 18 year old kid goes to Cali because of the draft? Also, with undergrad transfers many schools are lenient on it while others require a transfer to complete at least 60 credits to get a degree there so no one is going to go to that school when they are 3/4 of the way through their college credit requirements.
To today's points, the CFP has grown as inconsistent as March Madness and there is really no easy way to fix it unless all teams are playing on even grounds.