What about a college football playoff that:
Keeps All Current Bowl Games In Place
Includes 16 Teams
Limits Additional Games
Reduces the Need/Desire for Teams to Schedule “Non-Competitive” Games
Retains most traditional bowl match ups
Impossible? Not really, here it is:
All 6 BCS conferences will have two divisions (ACC, Big 12, and SEC already have this in place). Big East, Big 10, and Pac 10 will have the option to add teams and split into 2 divisions. If Big East, Big 10, and/or Pac 10 do not want to split into divisions, there would be more “at large” teams. All conferences may add teams if they want up to a maximum of 10 teams per division.
Schedule will consist of 12 regular season games. Teams may NOT play more than 3 non-conference games.
Playoff will consist of 16 teams
The 12 Division winners automatically qualify. Plus an additional 4 “at-large” bids determined by BCS ranking.
First round of the playoffs (16 teams) will be the same as the current Conference championships (played the week after the regular season ends) plus playoffs between the 4 at-large” teams. BCS ranking will determine the home team.
Second round of the playoffs (8 teams) will be the following week. Home team determined the same as for the first round.
Third round of the playoffs (4 teams) will be on New Year’s Day at two of the existing bowl games.
Championship game will be the next week at an existing bowl game (like it is now).
All teams that do not make the final 4 are eligible to play in any of the other bowl games (just like now).



You lost me at "at large positions determined by BCS rankings."
If it's not a good enough system to pick two teams, it's not good enough to pick any number of playoff teams either. Period.
(Scratched out oops paragraph that was the result of me misreading the OP's last paragraph.)
But what's the point of having national semifinals and calling it the "Sugar Bowl"? That's not "maintaining the bowl structure", it's just a weak, watered-down way to claim to keep the traditionalists happy. Nobody would proudly display a Sugar Bowl trophy if they lost the next game.
And, I would add, fans aren't going to travel to more than one neutral-site game. Witness BC fans last year, who helped make the CS Bowl the best-attended one in over a decade, but didn't go to Jacksonville at all for the ACCCG.
"We've beaten Michigan the last four years. So where's the threat?"
- Mark Dantonio
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