After so many people have expressed their displeasure with the current BCS college football post season and who teams are selected for the national championship game, we will now have a four team playoff!

 

ESPN is reporting:

A four-team playoff for college football has been formally approved by a presidential oversight committee, a dramatic change for the sport that will begin in 2014. The four teams will be chosen by a selection committee, the semifinals will be held at current bowl sites and the national championship game will be awarded to the highest bidder.

The 12-year deal is through the 2025 season.

The 11 conference commissioners and Notre Dame athletic director Jack Swarbrick presented their proposal to a board of 12 university presidents at the Dupont Circle Hotel. In less than three hours, the group agreed upon a postseason that college football fans have been clamoring for years.