It seems like no matter where you turn right now, if there’s talk about college football going on, it’s talk about expanding the current four-team College Football Playoff. Most people are on board with an expansion to an eight-team format, but you will occasionally hear proposals for an FCS-style 16-team format.
Let’s just go ahead and get one thing out of the way here: there’s no chance in hell that the CFP will expand to 16 teams. To do so would mean the elimination of the 12th regular season game and/or the conference championship games. The 12th regular season game means too much financially to every school, especially the smaller or non-championship caliber teams, for that to get approved.