My second choice scenario - where 'Division 4' break-off does not happen, is to have a 12-team playoff that includes automatic bids for ALL FBS conference champions. If they play at the same level, all conference championship should have a shot.
The CFP Selection Committee ranks the 10 champions and TWO at large invitees for the 12-team Field.
ROUND 1: Play-In, DECEMBER 11-12
A: #12 at #9
B: #11 at #10
The Round 1 Play-In games are played at the home fields of the higher seeds. I thought about having these games at neutral sites, but I believe the attendance will be better if held on campus. These will likely be four of the G5 champions - but there is no requirement; a P5 team could be in this Round 1, if there were multiple G5 champions ranked ahead of them.
ROUND 2: PLAY-IN BOWLS, DECEMBER 19-20
POINSETTIA BOWL: A winner v. #8
MIAMI BEACH BOWL: B winner v. #7
NEW ORLEANS BOWL: Round 1 Losers
(can switch, based on geography)
These bowls already play the week before Christmas and involve mostly G5 teams right now. They're good tourist locations with adequate venues. Their viewership and ratings have just shot up tremendously by making them elimination games. Most years, a maximum of one P5 team would be involved in this round. But that would be a P5 team ranked #7 or worse who probably SHOULD have to win a play-in game to be included in the CFP tournament anyway.
ROUND 3: QUARTERFINALS, DECEMBER 31-JANUARY 1
CFP: #1 v. Poinsettia Winner
CFP: #2 v. Miami Beach Winner
CFP: #3 v. #6
CFP: #4 v. #5
NY7: Contract or at large teams
NY7: Contract or at large teams
NY7: Contract or at large teams
This is the major change for the current CFP. The CFP expands from 2 to 4 bowl games. The Rose, Sugar, and Orange Bowl contracts stay in place when those bowls are not hosting CFP games. When they are hosting CFP games, all efforts possible are made to include at least one of the contract teams into such bowls. Most if not all P5 conference champs will play in one of the 4 CFP bowls, so there will not be many displaced P5 champions. The only scenario would be a P5 champion that is ranked outside of the top-6 who loses a Play-In game. But, just in case, the CITRUS bowl is added to the mix, in order to have a landing spot for any displaced P5 conference. The Citrus Bowl is already played on New Year's, between the B1G and SEC. The NY6 becomes the NY7.
NY7 Bowls include: Rose, Sugar, Orange, Cotton, Fiesta, Peach, and CITRUS.
NY7 matchups based on CFP rankings, contracts and geography.
ROUND 4: SEMIFINALS, JANUARY 8-9
Two semifinal games played at the SAME VENUE! (like the NCAA Final Four)
(based on previous year's National Championship site)
2016 - Arlington, TX
2017 - Glendale, AZ
2018 - Tampa, FL
2019 - Atlanta, GA
2020 - Santa Clara, CA
2021 - New Orleans, LA
CFP NATIONAL CHAMPIONSHIP, January 15
2016 - Glendale, AZ
2017 - Tampa, FL
2018 - Atlanta, GA
2019 - Santa Clara, CA
2020 - New Orleans, LA