Round 1 games would be hosted by the higher ranked seeds. Rounds 2 - 4 would incorporate the bowl system with host cities/bowls bidding to host the games. The "Big 4" BCS bowls would be permanent playoff hosts on a round-rotating basis (Championship, semi-finals and 1 round 2 game).
For the week of November 29, 2010:
1. Oregon (PAC 10 Champion)
2. Auburn (SEC Champion)
3. TCU (Mountain West Champion)
4. Wisconsin (Big 10 Champion)
5. Stanford (At Large PAC 10)
6. Ohio State (At Large Big 10)
7. Michigan State (At Large Big 10)
8. Arkansas (At Large SEC)
9. LSU (At Large SEC)
10. Boise State (WAC Champion)
11. Virginia Tech (ACC Champion)
12. Oklahoma (Big 12 Champion)
13. Northern Illinois (MAC Champion)
14. Central Florida (C-USA Champion)
15. Connecticut (Big East Champion)
16. Florida International (Sun Belt Champion)
Dropped out: Oklahoma State (#9, Big 12 Champion), Alabama (#10, At Large SEC), Pittsburgh (#15, Big East Champion)
Number Of Teams by Conference:
Big 10 (3), SEC (3), PAC 10 (2), ACC (1), Big East (1), Big 12 (1), C-USA (1), MAC (1), Mountain West (1), Sun Belt (1), WAC (1), Independent (0)
Match ups round by round assuming higher seeds win.
Round 1
(16) Florida International at (1) Oregon
(9) LSU at (8) Arkansas
(12) Oklahoma at (5) Stanford
(13) Northern Illinois at (4) Wisconsin
(11) Virginia Tech at (6) Ohio State
(14) Central Florida at (3) TCU
(10) Boise State at (7) Michigan State
(15) Connecticut at (2) Auburn
Round 2
(8) Arkansas vs (1) Oregon
(5) Stanford vs (4) Wisconsin
(6) Ohio State vs (3) TCU
(7) Michigan State vs (2) Auburn
Round 3
(4) Wisconsin vs (1) Oregon
(3) TCU vs (2) Auburn
Championship Game
(2) Auburn vs (1) Oregon
