On Wednesday afternoon, the BCS commissioners announced that the committee had come to a consensus on a revamped playoff system for college football that would implement a four team playoff, which is expected to begin in 2014.
BCS has achieved consensus on 4-team seeded playoff— Brett McMurphy (@McMurphyCBS) June 20, 2012
The commissioners will be presenting a four team system proposal to the BCS presidential oversight committee sometime next week and it is believed that the group will also be preparing a four team plus-one option, as well. Jim Delaney, the commissioner of the Big Ten has stated that the college postseason has evolved.
As of this time, there is no specifics available on what the model will be.
Via the Wall Street Journal:
"I hope that whatever we do that we can come up with a system that enjoys more support from participants," Delany said. "Cause there's no doubt about it that the BCS was an improvement over the status quo... Any system can only last so long without support and with just constant criticism."