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10 team playoff. Essentially an 8 team playoff with two play-in games. No reason to expand to a 16 team playoff as I can't ever see a 16 seed winning the national championship. Automatic bids go to the champions of conferences to win the last 3 national championships and the other 7 or more bids are at-large. Automatic bids are exempted from play-in games. No conference is allowed more than two of the top 6 slots but a third may be assigned a play-in spot. No two teams from the same conference play each other in play-in games. Higher seeds get home field advantage throughout the playoffs. Seeds are assigned independently of automatic bids; in other words, if you'd had a 2-loss SEC champ coming in this year, it would get an automatic bid but would not be seeded #1. It would, however, be exempt from a play-in game.
Automatic bids:
Alabama (SEC has won the last 3 national championships)
At-large: Texas, Cincinnati, TCU, Florida, Boise State, Oregon, Ohio State, Georgia Tech, Iowa
Play-in participants: Oregon, Ohio State, Georgia Tech, Iowa
Assign seeds as follows:
1 Alabama 2 Texas 3 Cincinnati 4 TCU 5 Florida 6 Boise State 7 Oregon 8 Ohio State 9 Georgia Tech 10 Iowa
Play in (wild-card) round: #10 Iowa at #7 Oregon #9 Georgia Tech at #8 Ohio State
Under normal circumstances, it would have been #10 vs #8 and #7 vs #9 but as per the rules, the two Big 10 teams don't play each other in the play-in game. Let's say Oregon and Georgia Tech win and get 7 and 8 seeds, respectively (sorry, Big 10 fans, this is just how I think it'd play out). Re-seed the teams after the games. Then the matchups are:
#8 Georgia Tech at #1 Alabama #7 Oregon at #2 Texas #6 Boise State at #3 Cincinnati #5 Florida at #4 TCU
You can't tell me THIS wouldn't be one hell of an exciting playoff! Higher seed retains home field advantage throughout the playoffs.
Final game to be held at a neutral site (cities could bid on this or perhaps it could be rotated between the four big bowl sites).
This model makes regular season games VERY important for seeding and the resultant home field advantage. Use the BCS system to seed the teams, except when a third conference team is kicked down to a play-in game; re-seeding could come after the play-in games. By this, I mean something like what happened last year with Texas, Oklahoma, and Texas Tech all deserving to be in. One of those teams would have had to go to a play-in game, but would have received a high seed the following week if they won it.
Having the automatic bid(s) going only to the conferences winning the last 3 national championships rewards recent success in the conferences; in this case, everyone but the SEC has to get an at-large bid. Want your conference to have an automatic bid? Want your conference champ to have an exemption from the play-in games? Earn it. Think about it: let's say that TCU wins out. Then the Mountain West Conference champ gets an automatic bid and exemption from play-in games for at least two more years. That is parity. And notice: the two "BCS busters" got a bye under my system, and one of them even got home field advantage.
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