It appears that we'll be using a new system to crown the annual national champion of college football soon. On Wednesday, the BCS reached a consensus regarding using a four-team playoff to determine the national title, as Brett McMurphy of CBS Sports reports.
BCS has achieved consensus on 4-team seeded playoff— Brett McMurphy (@McMurphyCBS) June 20, 2012
The BCS has also considered a type of "plus-one" system that would simply be added to the current postseason format, but there appears to be a general preference for the four-team playoff format that's being discussed now at the BCS meetings in Chicago.
Any changes to the postseason format won't be officially made until the BCS Presidential Oversight Committee meets in Washington, D.C., on June 26. They could potentially have a new playoff system implemented by 2014.