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 December 5, 2011:
1. LSU (SEC Champion)
2. Alabama (At Large SEC)
3. Oklahoma State (Big 12 Champion)
4. Stanford (At Large PAC 12)
5. Oregon (PAC 12 Champion)
6. Arkansas (At Large SEC)
7. Boise State (At Large Mountain West)
8. Kansas State (At Large Big 12)
9. Wisconsin (Big 10 Champion)
10. TCU (Mountain West Champion)
11. Clemson (ACC Champion)
12. Southern Miss (C-USA Champion)
13. West Virginia (Big East Champion)
14. Arkansas State (Sun Belt Champion)
15. Northern Illinois (MAC Champion)
16. Louisiana Tech (WAC Champion)
Dropped out: Virginia Tech (#5, ACC Champion), Houston (#6, C-USA Champion), Michigan State (#10, Big 10 Champion), Oklahoma (#11, At Large Big 12)
Number Of Teams by Conference:
SEC (3), Big 12 (2), Mountain West (2), PAC 12 (2), ACC (1), Big 10 (1), Big East (1), C-USA (1), MAC (1), Sun Belt (1), WAC (1), Independent (0)
Match ups round by round assuming higher seeds win.
Round 1
(16) Louisiana Tech at (1) LSU
(9) Wisconsin at (8) Kansas State
(12) Southern Miss at (5) Oregon
(13) West Virginia at (4) Stanford
(11) Clemson at (6) Arkansas
(14) Arkansas State at (3) Oklahoma State
(10) TCU at (7) Boise State
(15) Northern Illinois at (2) Alabama
Round 2
(8) Kansas State vs (1) LSU
(5) Oregon vs (4) Stanford
(6) Arkansas vs (3) Oklahoma State
(7) Boise State vs (2) Alabama
Round 3
(4) Stanford vs (1) LSU
(3) Oklahoma State vs (2) Alabama
Championship Game
(2) Alabama vs (1) LSU
