June 13, 2012 - BCS approaches brink of establishing four-team playoff

USA Today’s  article reports on upcoming meetings of conference commissioners to discuss significant changes to the college football Bowl Championship Series (BCS).

The article outlines several formats being considered, and notes that commissioners are expected to also discuss how to divide the expected revenue windfall of as much as $400 million a year. 

According to USA Today, “ there is strong sentiment among the key decision-makers to reward schools and conferences that have the marquee names and history of success that lifts TV viewership and, accordingly, network rights fees.”

The article notes that  William E. Kirwan, chancellor of the University of Maryland system and co-chairman of the Knight Commission on Intercollegiate Athletics  is pushing a commission proposal to fold the graduation rates of schools' athletes into football's revenue-sharing formula.”  The article reports the proposal has not gained traction.

Kirwan responded to reports that commissioners are weighing a different approach that “would base payouts in part on participation in the playoff and in part on team finishes each season in the top 25.”

Kirwan told USA Today: "If we don't do this right … we're going to have another dance here where people are going to be jumping around the country to get into a conference because they think it will get them into the financial nirvana of the BCS revenue.  And, the sad thing is that most of them, I think, are going to end up in a worse fiscal situation. … Teams are going to be traveling all over the country. Students are going to be out of their classes in sports having nothing to do with football. And it's going to be a mess.”