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Twelve-Team Playoff approved

The College Football Playoff will expand to 12 teams in 2024, tripling its current size two years earlier than previously announced. The change came after officials representing the Rose Bowl—the oldest bowl contest still being played—agreed to the accelerated schedule in exchange for prioritization for a slot on New Year's Day.

During the 2021-22 season, the current four-team playoff format generated $74M apiece for the Power Five conferences (ACC, Big Ten, Big 12, Pac 12, and SEC), with $95M split among the Group of Five conferences (AAC, C-USA, MAC, MW, and SBC). Some projections estimate a twelve-team format could generate total revenue above $2B while increasing competition—only one Group of Five team, Cincinnati in 2021, has ever made the four-team playoff.

The four teams selected for this year's playoff will be announced Sunday, along with all bowl matchups. See the schedule for this weekend's conference championships here.

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