How isn't it a conference championship? Ohio State would be 11-1 and playing some horrible west team to the technical title. Maybe there's an asterisk by it but still officially a title. Ohio State is also currently #1 and may be heading into that Michigan game so it's possible they're still top 4 even with a loss there.
Not sure what the committee would do with Michigan but at 12-0 they probably still get in. Not playing in that game only prevents them for being 13-0 in that scenario.
And if the Big Ten action doesn't ban them from a bowl game then does that impact the committee?
All good questions but I think it benefits Ohio State for sure and wouldn't hurt Michigan
Last year. OSU made the playoff without even playing in the ccg, much less winning it.
If you want to talk about a conspiracy to rile up the masses, if they ban Michigan from the ccg and then both get in, good grief would the entire country then know the Big 10 is truly the Big 2 and its little brothers.
My theory, though, is that if the Big 10 bans Michigan, the CFP very well could use that in their rankings. It would be action limiting Michigan. If the conference thinks they are guilty enough to miss the ccg, perhaps they too could make the same evaluation.