SEC and ND oppose the conference champ model but are in the minority. So SEC works a deal with b12 on the bowl game in exchange for support for the highest ranked model. That gives SEC/ND 3 votes, but thats not enough. SEC works with b12 and ND to force the expansion issue. Knowing FSU is unhappy, they are an easy play. ND fakes interest in b12 and puts ACC in a tough spot. If the ACC supports the conference champ model, they commit conference suicide (b12 goes through with expansion plan), so ACC backs down to save their conference and give SEC/ND the highest ranked model. Texas is happy because they don't want to expand anyway.
However, I'm not sure how many votes SEC/ND need to secure the highest ranked model. Anyone know for sure? I think buggzy said it was only 7 votes. If so, SEC/ND would have 4 once the ACC backs down.