Yeah, so many layers to this future monstrosity.
One likely foreseen thing is clear IMO, that's a weighted, if you will, type payout/revenue structure. If Syracuse is willing/able to commit, they may be included in the reindeer games, however, it will be an immense uphill battle to win and/or be maintain some degree of on field respectability.
There likely will be a base pay type revenue structure, where say each member gets a minimum piece of the pie, but from there the "real" significant win fall from a $$$ standpoint will be results, ranking, et al type based. The major players will make up/construct, etc. the terms of the agreement, and the likes of Syracuse, etc., if they are so fortunate to be included, will have absolutely zero leverage to negotiate otherwise. If they don't agree or think the particular structure is fair, etc., oh well, too bad. The powers that be will simply say you are free to join the lessor tier, etc. conferences...and we wish you well kind of deal.
Even if SU's in, their likely plight is bottom or even mid-bottom type tier, at least from a consistency standpoint. And, as a result, likely becoming a relative pigeon holed nada factor permanently and will just continue to fall further off the cliff for that next round of infrastructure type upgrades, etc. due to the huge $$$ differences.