I don't get this comment, "
Per Thamel, the annual Army-Navy game would potentially be played as a non-conference game in order to preserve its traditional designation as the FBS’s final regular season game."
I would hope Army would receive the same revenue share and scheduling concession as Navy, playing in Texas each year. If divisions are resurrected then Army would also be in the West division.
Why can't this be played as a conference game keeping the same date? The Conference championship game is the week before, if one of them qualifies for that game then they play the Army-Navy game the following week. If they both qualify for the conference championship game then it's held on the date of the Army-Navy game, played at the predetermined neutral site.
Playing a non-conference game with 2 members is simply strange. However, if not doing that is a deal breaker for Army then I suppose you do it. IMO, Army would be an upgrade over SMU in terms of branding and media rights. I believe North Texas has a much larger following in the Dallas metro area compared to SMU.
TX