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If Cincinnati wins and makes the playoffs it will obviously come at the expense of a power five blue blood. Then there will be incentive from the power five to increase the playoff likely to 12 teams. If that happens Notre Dame will remain independent forever.
Why would Cincy making the playoffs change the P5s outlook? For a non P-5 team to get in, even once, requires not just an undefeated season but a road win at a team that was itself in contention for the playoffs.
Don't get me wrong -- it is all about money and the expansion of the playoffs will ultimately happen to generate more revenue, but it's not going to be because once every 20 years or so a G-5 team got in. Recognizing that once the 4 non-P-5 schools move to the Big XII, the P-5 has tightened its grip.