After years of computer generated polls and arguments over which teams truly deserve to play for the National Championship, a new day in college football seems to be near.
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The proposed system will maintain two bowl games that will serve as the two semi-final games. It will be a rotation between the Orange, Sugar, Fiesta, and Rose Bowl. These games will take place in predetermined locations. Each year there will be a bid and the winning city will host the National Championship Game.
In order to get to the playoff, there will be a selection committee to determine the four teams. The committee will factor in variables such as records, conference champions and strength of schedule. The select group that will face this decision will be expected to consider factors that the computer generated polls could not.
Several commissioners appear optimistic about the playoff system.
"We're very unified," Big Ten Commissioner Bill Delaney said.
Although the commissioners are on the same page with the new movement, they all realize that there is still a lot that needs to be resolved.
"Until you have an eight-team or sixteen-team seeded playoff, there will be folks out there that aren't completely satisfied, and we get that," Pac 12 Commissioner Larry Scott said. "But we're trying to balance other important parties, like the value of the regular season, the bowls, and the academic calendar."
The final call will be made by a Presidential Committee that consists of a representative from each of the FBS conferences and independent Notre Dame. The group can approve or shoot down the idea, or they can order the commissioners to work out any details that need to be resolved then present the proposal again.
It is speculated that the four-team playoff format could produce up to $500 million annually.