We simply don't have TX or Ohio State or aTm or Miami booster money. We just don't.
In the end, that makes a difference.
What separates the P4 from other conferences? Talent.
Why don't non-P4 recruit elite talent from the portal?
Money.
It eventually separates out the schools. A school like Northwestern in the B1G isn't going to emphasize their collective/NIL and isn't going to recruit like Ohio State.
Tennessee originally had a very strong collective and got burned and also the TX schools woke up their very rich donor base. At this point, we're behind and lack the rich donor base.