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On Wednesday night, the BCS commissioners committee announced that the group had reached a consensus on a four-team playoff system, which is expected to be implemented in 2014.
The commissioners will be presenting a four-team system proposal to the BCS presidential oversight committee sometime next week and it is believed that the group will also be preparing a four-team, plus-one option as well.
College fb fans: unless the presidents overrule commissioners who have spent hundreds of hours on this, the playoff is coming in 2014
— Joe Schad (@schadjoe) June 20, 2012
Delany said presidents will be able to make decision on which playoff quickly because "they're smarter than we are."
— Brett McMurphy (@McMurphyCBS) June 20, 2012
As of this time, there is no specifics available on what the model will be.
Comments from Jim Delaney, the commissioner of the Big Ten, via the Wall Street Journal:
"I hope that whatever we do that we can come up with a system that enjoys more support from participants," Delany said. "Cause there's no doubt about it that the BCS was an improvement over the status quo... Any system can only last so long without support and with just constant criticism."