After months of lengthy debates and multiple meetings about expansion, the College Football Playoff will remain at four teams through the end of its current 12-year contract, which expires following the 2025 season, CFP executive director Bill Hancock told ESPN on Friday.
By choosing to remain at four teams for four more years, the 10 FBS conferences and Notre Dame have forfeited roughly $450 million in potential revenue.
On Wednesday afternoon, the 10 FBS commissioners and Notre Dame athletic director Jack Swarbrick held a critical videoconference in which they determined they could not come to a unanimous agreement on the proposed 12-team format that was made public on June 10.