missing here. Even all the European soccer leagues acknowledge the fact that some teams carry more value than others.
EPL
More Valuable: ManU, Man City, Chelsea, Spurs, Arsensal, Liverpool, Everton, and maybe West Ham
Less Valuable: Burnley, Wolves, Brentford, Watford, Norwich, Leeds United, Aston Villa, etc.
Bundesliga
More Valuable: Bayern, Dortmund, Leverkusen, Monchenglabach, maybe Hoffenheim, and maybe Wolfsburg
Less Valuable: Furth, Hertha Berlin, Arminia, Bochum, Union Berlin, Stuttgart, etc.
La Liga
More Valuable: Real Madrid, Barcelona, Atletico Madrid, Sevilla, Real Sociedad, Villareal, and Athletic Club
Less Valuable: Alaves, Levante, Granada, Elche, Getafe, Cadiz, Celta Vigo, etc.
Serie A
More Valuable: Inter, Milan, Roma, Napoli, Juventus, Lazio, and maybe Atalanta
Less Valuable: Torino, Empoli, Spezia, Genoa, Sassuolo, Verona, etc.
Ligue 1
More Valuable: PSG, Marseille, Nice, Monaco, and Lyon
Less Valuable: Troyes, Clermont Foot, Lorient, Bordeaux, Metz, Angers, etc.
A college football league would be no different. IIWII
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