It looks like it’s a 4-team playoff of some sort, meaning it’s almost certain that only teams from big conferences will be going. Likely, Notre Dame will also get some kind of bid if they’re in the top 5 or something, though that’s just speculation on my part. No actual details have been released and the proposed first year would be the 2014 season.
This isn’t about the teams, it’s about the Benjamins:
ACC commissioner John Swofford said the commissioners have agreed on the principals of how the increased TV revenue will be distributed among the participating conferences. Industry sources have indicated a four-team playoff might be worth as much as $400 million to $500 million annually.
I still say it’s a mistake.