The College Football Playoff will remain at four teams through the end of its current 12-year contract, which expires following the 2025 season, according to the executive director.
The 10 conferences and Notre Dame have forfeited $450 million in potential revenue because they chose to remain at four teams for four more years.
On Wednesday afternoon, the 10 FBS Commissioners and Notre Dame athletic director Jack Swarbrick held a critical videoconference in which they determined they could not come to a unanimous agreement on the proposed 12-team format that was made public on June 10. They recommended to the board of managers that they stay with the current four-team field for the duration of the current contract.
The recommendation was approved by the board of managers.
In a brief phone interview from China, where is a volunteer for the Olympics, the head of the International Olympic Committee said that he understands the complex situation.
The next contract could have an expanded field, according to Hancock.
I know that the management committee and the board would like to see the CFP expand, but there were a lot of things that stood in the way.
Before the playoff can expand before the current contract ends, the 10 FBS Commissioners and Swarbrick would have to agree. In mid-January, the commissioner of the Atlantic Coast Conference stated publicly that his conference was against expansion at this time.
The membership would be supportive of future expansion if the concerns surrounding the expansion model are addressed. We have a lot of bigger issues than whether to expand the CFP early by two years.
The inability to appease the Pac-12's relationship with the Rose Bowl, which wants to cling to its traditional day and time, along with its media rights, is one of the major obstacles to expansion.
The American Athletic Conference commissioner Mike Aresco wrote an open letter to college football.
Aresco wrote that an expanded playoff is about enhancing opportunity regardless of what the future college sports landscape will look like.
The original 12-team proposal was created by the Big 12 and Mountain West.
The decision to stay at four ends public speculation about the future of the sport, but the commissioners and Swarbrick still need to determine what it will look like in the future. An in-person meeting to discuss expansion that was scheduled for March 2 in Dallas has been canceled.
We know it will take some time to create a format we will want to pitch to television, so we will work back from that. We do not have a date set. There is more than enough time to get this right.
The host cities for the final two seasons of the current contract have not been officially announced by the CFP.
We will get to that as soon as possible.
The national title game will be held in Los Angeles and Houston.