Revamping the playoffs is one thing. 16 of 21 teams used to make it. That's 24 out of 32. I think 24 is too many, and would consider some sort of play-in round.
IMO, the best way to redistribute wealth is not through the draft. Draft picks are no guarantee of success, and are often luck of the year. Instead, it's time for the league to attach NTC's. Any spirit of intent has been abused by players and agents. The union would likely revolt over an outright removal, so grandfather in a system whereby teams are limited by the number of NTC contracts they can have on their roster at any one time.