The College Football Playoff is nearing an agreement to expand from its current format to a 24-team postseason beginning with the 2027 season, multiple outlets report. ESPN and CFP leadership are described as in late-stage discussions, with a deal expected soon and subject to final approvals.
Reports say CFP leadership—made up of the 10 FBS conference commissioners plus Notre Dame athletic director Pete Bevacqua—has sent a formal 24-team proposal to ESPN for review. ESPN is reported to have a short window to respond, after which the CFP could pursue other arrangements if talks do not conclude. The proposal is also described as having been developed in 2025, initially met with skepticism.
Outlets also preview how a 24-team bracket could be structured and what it would mean for existing postseason elements, including bowls and the tournament flow. Several reports emphasize there is no expectation of a major “financial windfall,” framing the expansion as driven more by broader business and competitive considerations than by a sudden surge in profits for partners.