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 October 8, 2012:
1. Alabama (SEC Champion)
2. Oregon (PAC 12 Champion)
3. South Carolina (At Large SEC)
4. West Virginia (Big 12 Champion)
5. Florida (At Large SEC)
6. Notre Dame (At Large Independent)
7. Kansas State (At Large Big 12)
8. LSU (At Large SEC)
9. Florida State (ACC Champion)
10. Louisville (Big East Champion)
11. Boise State (Mountain West Champion)
12. Louisiana Tech (WAC Champion)
13. Ohio (MAC Champion)
14. Nebraska (Big 10 Champion)
15. Louisiana-Monroe (Sun Belt Champion)
16. Tulsa (C-USA Champion)
Dropped out: Georgia (#6, At Large SEC)
Number Of Teams by Conference:
SEC (4), Big 12 (2), ACC (1), Big 10 (1), Big East (1), C-USA (1), Independent (1), MAC (1), Mountain West (1), PAC 12 (1), Sun Belt (1), WAC (1),
Match ups round by round assuming higher seeds win.
Round 1
(16) Tulsa at (1) Alabama
(9) Florida State at (8) LSU
(12) Louisiana Tech at (5) Florida
(13) Ohio at (4) West Virginia
(11) Boise State at (6) Notre Dame
(14) Nebraska at (3) South Carolina
(10) Louisville at (7) Kansas State
(15) Louisiana-Monroe at (2) Oregon
Round 2
(8) LSU vs (1) Alabama
(5) Florida vs (4) West Virginia
(6) Notre Dame vs (3) South Carolina
(7) Kansas State vs (2) Oregon
Round 3
(4) West Virginia vs (1) Alabama
(3) South Carolina vs (2) Oregon
Championship Game
(2) Oregon vs (1) Alabama
