AUSTIN, TX - SEPTEMBER 3: Fans sing "The Eyes of Texas" before the start of the NCAA game between the Texas Longhorns and the Rice Owls on September 3, 2011 at Darrell K. Royal-Texas Memorial Stadium in Austin, Texas. (Photo by Erich Schlegel/Getty Images)
A consensus has been reached on a four-team playoff system in college football.
College football fans might finally have found what they're looking for: a playoff system to determine the national champion. According to SI's Stewart Mandel, a consensus has been reached on a four-team playoff, but there's still details to be ironed out.
Breaking: Jack Swarbrick: "We have reached a consensus on a 4-team playoff."— Stewart Mandel (@slmandel) June 20, 2012
Per Mandel, presidents will have the opportunity to discuss alternative options still, which include a plus-one system.
Specifics are unknown still, but it's a major step forward for college football. It is also unknown how it will work in conjunction with the current BCS system and bowl games.
Mike Silve, who was hoping to reach a consensus on Thursday, is "delighted" that a consensus has been reached.
Stay tuned for further details regarding the playoff system, as more news is sure to come in the coming days.