Basketball tournament expanding to 76 teams

This is about $$$ for the bigger conferences. What they should do instead IMO is to decrease the number of automatic conference winners and keep it at 68. Just like in football, teams outside of the big conferences have little to no chance at winning it all.
 
so to get to 64 from 76, you have 12 play in games right? 12 winners/12 losers gets you to 64. Are they split between 15/16 seeds and 11/12 seeds?
 
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