Can someone please explain this sudden fascination among U.S. sports fans with the absolutely foreign (and inane IMO) concept of relegation? For over well 90% of the teams in the relegation/advancement zones it's a year to move up and then back to whence you came.
Sure. I'll try.
1. In a sport where 2-3 losses means you're out of the running for the main prize, it adds value to the bottom half of the "table" or conference games, while also adding value to the top half of the lesser conference. (Who will stay up, who will jump up, and who will go down). In a sport desperate for meaning, this would help draw eyeballs and increase TV revenue across the board, even for teams without great brands. (Think a late season 4 win Pitt vs 4 win UVA game with a chance at being relegated out of the ACC for App State or something. I'd be interested in watching vs how it is normally: hard pass.)
2. CFB loves the "there's a path for everyone" veneer. If it becomes too tilted to the new P2, you're cutting out too many localized fan bases in areas of the country where the sport could thrive. In soccer, the lifeblood of the sport is localized and the hope, while ever so slim, that a small club could rise the very top is exciting to those communities.
3. Given our new NIL and transfer realities, a team that gets promoted would have a fanbase with reason to hope, and could invest accordingly. That would drive interest as we have seen here in Syracuse w Fran's arrival. Staying up could be easier with in influx of money and talent. This would drive interest in the sport in the offseason for more teams.
4. It rewards good coaching, good systems, admin and great iconic players. If you're a top tier QB at a lower school and you battle into promotion, the chances of you staying (with increased NIL opportunities, big boy conference $ to retain your staff, etc) increases. A top tier coach wouldn't have to leave a G5 school for a P5 gig if their efforts we rewarded by their program being a P5 team suddenly.)
There are things to work out, obviously. But I don't get the reservations, aside from a perceived snobbiness towards soccer and Europe.