A four-team playoff model for college football that would start with the 2014 season has been endorsed by the BCS commissioners and Notre Dame athletic director Jack Swarbrick, according to an ESPN.com report.
The consensus awaits approval from the BCS presidential oversight committee, which meets June 26 in Washington, D.C. The new system would then replace the current BCS system, which has been in use since 1998.
According to an ESPN.com report, the agreed-upon model would have a committee select four participating teams based on certain criteria, such as conference championships and strength of schedule.
The two national semifinal games would then be played within the BCS bowl games (Fiesta, Orange, Rose and Sugar) on a rotating basis, with the host sites selected before each season. The national championship game would be offered to the highest bidding city.
"We're very unified," Big Ten commissioner Jim Delany told ESPN.com. "There are issues that have yet to be finalized. There's always devil in the detail, from the model to the selection process, but clearly we've made a lot of progress."
According to Chuck Carlton of the Dallas Morning News, the Dallas Cowboys and the Cotton Bowl are in the process of forming a non-profit entity with the goal of bidding to host a national championship game at Cowboys Stadium.