One thing that's gonna happen for sure is the "regular" bowl games are going to shrivel up and die unless someone finds a solution to that. Come to think of it, the "regular" bowl games are gonna be in trouble anyway with what, 11 games being played in a 12-team playoff.
And oh yeah, the one school that most openly and notoriously attempted to "buy" a football team, to the point of arranging a "new" faculty position with a... generous salary at a local seminary for a player's dad, (with money rumored to be from outside the US) hasn't gotten in any trouble, but to be fair about it that might be because the head coach got fired after the team underperformed on the field over the last two seasons...
Its true that fsu had a bunch of key players sitting out that bowl game. That’s been a problem for years though. Remember when Oklahoma played Florida after the 2020 season and all of Florida’s key players except Kyle Trask sat out the game? We knew what the outcome was going to be weeks before kickoff.
The bottom line is that bowl games outside the playoffs are irrelevant.