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 26, 2012:
1. Notre Dame (At Large Independent)
2. Alabama (SEC Champion)
3. Florida (At Large SEC)
4. Oregon (At Large PAC 12)
5. Georgia (At Large SEC)
6. Kansas State (Big 12 Champion)
7. Stanford (PAC 12 Champion)
8. LSU (At Large SEC)
9. Florida State (ACC Champion)
10. Nebraska (Big 10 Champion)
11. Northern Illinois (MAC Champion)
12. Utah State (WAC Champion)
13. Louisville (Big East Champion)
14. Fresno State (Mountain West Champion)
15. Arkansas State (Sun Belt Champion)
16. Tulsa (C-USA Champion)
Dropped out: Texas A&M (#9, At Large SEC)
Number Of Teams by Conference:
SEC (4), PAC 12 (2), ACC (1), Big 10 (1), Big 12 (1), Big East (1), C-USA (1), Independent (1), MAC (1), Mountain West (1), Sun Belt (1), WAC (1)
Match ups round by round assuming higher seeds win.
Round 1
(16) Tulsa at (1) Notre Dame
(9) Florida State at (8) LSU
(12) Utah State at (5) Georgia
(13) Louisville at (4) Oregon
(11) Northern Illinois at (6) Kansas State
(14) Fresno State at (3) Florida
(10) Nebraska at (7) Stanford
(15) Arkansas State at (2) Alabama
Round 2
(8) LSU vs (1) Notre Dame
(5) Georgia vs (4) Oregon
(6) Kansas State vs (3) Florida
(7) Stanford vs (2) Alabama
Round 3
(4) Oregon vs (1) Notre Dame
(3) Florida vs (2) Alabama
Championship Game
(2) Alabama vs (1) Notre Dame
