The College Football Playoff will double in size to 24 teams beginning next year, bringing an end to a three-decade era of conference title games that used to be among the marquee events of the season.
College leaders announced the new format Monday, after ESPN agreed to rework its contract to add the 11 new games. Terms were not announced, though ESPN said it was a deal for five years and additional $1.7 billion, on top of the $7.8 billion contract that runs through the 2031 season.
The revenue generated from the new games will presumably make up for the estimated $345 million the Power Four conference title games were worth. ESPN would then not be on the hook for $140 million of the extra money due to cancellation of the title games, the network reported.
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The new format will have five automatic qualifiers — the champions of the Power Four leagues and the best-ranked team in the smaller Group of Six conferences — with the other 19 teams being chosen by a selection panel. Notre Dame does not receive any guarantees, the way it does this year if it's ranked in the top 12 for what will be the last year of the 12-team postseason.
The top eight seeds will receive first-round byes in the new format and the playoff will start on the second weekend in December, with the first two rounds of games on campus. The traditional Army-Navy game will be played on the first weekend in December, which used to be reserved for conference title games.
Both the Southeastern and Big Ten conferences, whose approval was needed to adopt this change, and their Power Four brethren — the Big 12 and Atlantic Coast Conference — are banking that most of the additional spots will go to their membrers so some of the second-tier teams have new motivation to keep spending big in an era of NIL and $50 million football rosters.
“Opening the playoff to more programs, more student-athletes and more fan bases across the country is great for college football,” said Mississippi State president Mark Keenum, who is chair of the CFP board. "We look forward to seeing this expanded format come to life next season.”
