Report: College Football Playoff set to expand to 12 teams in 2024 after agreement with Rose Bowl
The College Football Playoff's long-awaited expansion appears to be coming sooner than expected.
The Rose Bowl has signed an agreement that will allow the CFP to expand to 12 teams for the 2024 and 2025 seasons, two years earlier than its previous starting year of 2026, according to ESPN's Pete Thamel.
As ESPN reported Tuesday, the Rose Bowl had been the final holdout preventing the Playoff from making the early change. CFP officials reportedly issued an ultimatum to Rose Bowl organizers this week, giving them a Wednesday deadline to agree to the proposal.
Had the Rose Bowl not agreed to the change, college football's most storied bowl reportedly faced the possibility of being excluded from the New Year's Six bowl rotation in the CFP's next contract.
Instead, bowl organizers agreed, and now it looks like the College Football Playoff has all the support it needs to move forward with its lucrative plans for expansion. The expanded field will reportedly yield $450 million in gross revenue by starting in 2024.