I'll wait til it's confirmed to believe it, but 96 teams is a horrible idea. 68 would be ok though it would mostly just marginalize 8 tiny schools a year instead of 2.
But with 96 you're gonna add a bunch of major schools with 6-10 conference records and mid-majors who just aren't good enough. Plus you'd have to add a play-in weekend or something similar. Throws off the symmetry of the whole thing.
Look at the brackets from last year's NIT, or any year's. Would adding all of them make the tourney any better?