The university presidents who oversee the College Football Playoff voted Friday to expand the postseason model for determining a national champion from four to 12 teams no later than the 2026 season.
The university leaders who make up the CFP's Board of Managers would like to have the new format in place as soon as the 2024 season, if possible.
A process that started 14 1/2 months ago with an optimistic rollout of an ambitious plan, and then was derailed as conference leaders haggled over details and questioned each other's motivations, is now finally moving forward. A 12-team, 11-game postseason system to crown a champion could be worth as much as $2 billion in media rights to the conferences that play major college football, starting in 2026.
Beyond 2025, there is no TV contract for a playoff. The plan is to take the new format to the open market and involve multiple TV partners instead of just ESPN.
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