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ESPN and CFP enter final review stage in bid to expand college football playoffs to 24 teams
Compiled Nov 6
What happened
Talks between ESPN and the College Football Playoff are in the final stages of review over expanding the postseason to 24 teams next year
The detail
The CFP announced this in a two-sentence statement on Friday
The detail
A formal decision will come after the review process, according to the CFP
The detail
The media rights deal would cover the money conferences would lose by eliminating their title games
How it unfolded
this year: The current six-year, $7.8 billion media rights deal begins · Friday: The CFP announced in a two-sentence statement that talks with ESPN are in final review stages · next year: The proposed expansion to a 24-team playoff would take effect
By the numbers
24 teams · $345 million additional annual payment · $7.8 billion six-year deal value · 19 at-large teams · 8 teams with byes
Still unresolved
No timeline was provided for when a formal decision will be made