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College Football Playoffs: Consensus Reached On Four-Team Playoff

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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.

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.

For more on all things Texas Longhorns, check out Burnt Orange Nation, and for all things TCU, check out Frogs O' War, and for all things Baylor, check out Our Daily Bears.

                                                                                                                                                                                                               

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Photographs by jamesbrandon, jdtornow, phlezk, flygraphix, mcdlttx, tomasland, and literalbarrage used in background montage under Creative Commons. Thank you.