As part of the new CFP agreement, the Big Ten and SEC hold decision-making powers over a future format, though decisions are expected to be made in consultation with ESPN and the other two power leagues.
In the spring, FBS leaders struck an agreement with ESPN to extend the CFP contract for another six years through 2031 (the original contract went through 2025).
While the format was not finalized, certain “protections” were, including an automatic spot for the champion of the four power conferences and highest-ranked Group of Five team; a 12 or 14-team field; and qualification guarantees for independents like Notre Dame related to their place in the rankings. For 2024 and 2025, the format is set as a 5+7, 12-team model, which grants automatic qualifying spots to the five highest-ranked champions and seven at-large spots to the next highest-ranked teams.
However, the future format starting in 2026 is expected to be shaped by the two leagues.