College Football Playoff Officially Will Start in 2014
No system they could design would be perfect for everyone but this is definitely an improvement over the current BCS system.
http://www.collegefootballplayoff.com/
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The Playoff
Beginning with the 2014-15 season, college football will enter a new era when a postseason playoff will begin. The format is simple: top four teams, two semifinals played in bowl games, and a national championship game played in a different city each year. Each semifinal will be played during the New Year's holiday with the national championship game in prime time on a Monday night at least a week later. It will be the best of all worlds, and the biggest innovation to the sport in decades.
The Selection Committee
A selection committee will choose the four teams for the playoff based on their performance during the regular season, including, strength of schedule, head-to-head results, championships won, and other factors. The teams will be seeded so that #1 will play #4 in one semifinal and #2 will meet #3 in the other, with the winners advancing to the national championship game.
The Rotation
The semifinals will rotate among six different bowls, extending the experience to more fans. In the years when the bowls are not hosting semifinals, the bowls will feature eight other teams in four compelling matchups.
