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00:00 The recent expansion of the college football playoff to a 12-team format opens up championship
00:04 prospects for various teams, accommodating both conference champions and at-large bits.
00:10 This shift responds to the Pac-12's challenges and offers flexibility
00:14 in highly competitive conferences as seen in the 5+7 format for 2024 and 2025,
00:20 which serves as a trial period shaping the future of the playoff system.
00:24 Looking ahead to 2026, discussions in Dallas centered on a potential 14-team playoff. While
00:30 details are sparse, this format would likely resemble the new 12-team setup, possibly featuring
00:36 top-ranked conference champions earning buys. This expansion is driven by the Big Ten's addition
00:41 of 18 teams and the SEC's expansion to 16 teams, marking significant changes in the college
00:48 football landscape. CFP Executive Director Bill Hancock confirmed the discussions but refrained
00:54 from providing precise details, stating there's still work to be done. Financially speaking,
01:00 the Big Ten and SEC want a better deal than the current one, where 80% of funds are evenly shared
01:05 among the Power Five conferences. Now, with four Power Conferences and 30 14s combined
01:11 between the Big Ten and SEC, negotiations will be crucial.