College Football Playoff Fast Facts

CNN Library(CNN) — Here’s a look at the College Football Playoff, a four-team seeded postseason format which began for the 2014 season and replaced the Bowl Championship Series (BCS).January 12, 2015 – The No. 4 Ohio State Buckeyes defeat the No. 2 Oregon Ducks, 42-20, in the College Football Playoff’s first championship game, at AT&T Stadium in Arlington, Texas. December 31, 2015 – The two semifinal games will be played at the Orange Bowl in Miami Gardens, Florida, and at the Cotton Bowl in Arlington, Texas. January 11, 2016 – The College Football Playoff National Championship will be played at University of Phoenix Stadium in Glendale, Arizona. Other Facts:The 13-member selection committee selects and seeds the four playoff teams. (Number 1 will play Number 4; Number 2 will play Number 3). The two winning teams of the semifinal games advance to the title game, which determines the Division I FBS college football national champion. This replaces the heavily criticized BCS postseason system, which ran from the 1998-2013 seasons and was often accused of unfairness relating to team selections. The College Football Playoff generates higher revenue than the BCS, resulting in “at least double the annual revenue” for each of the 10 Football Bowl Subdivision (FBS) Conferences. The College Football Playoff trophy, presented to the championship team, is handmade, stands 26.5 inches tall and is constructed from 24-karat gold, bronze and stainless steel. Is contracted from the 2014-15 season through at least the 2025-26 season…

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