The BCS Presidential Oversight Committee has announced a four-team football playoff system, beginning with the 2014 season.
The 12-year deal means there is little wiggle room in the near future for supporters of either an eight- or 16-team format.
The presidents said the semifinal games will be rotated among six existing bowl games. There was no announcement on which bowls will host the games following the fall season of 2014.
This will mean more money coming from TV and ticket revenue, and will put some additional academic stress on students from the two schools playing an additional game beyond what they would have in the existing BCS bowl system.
Still many questions to be answered:
— How is revenue divided?
— How are the four participants chosen?
— How does this impact the other bowl games?