After a “Board of Managers” meeting earlier today, it is being reported that the College Football Playoff will expand from four teams to 12 teams by the 2026 season.
Sources: The CFP Board of Managers has decided on a 12-team College Football Playoff during today's meeting.
— Pete Thamel (@PeteThamel) September 2, 2022
The four-team model still has four seasons left which is why 2026 is being reported as the working target, but as Thamel reports, the expansion to 12 teams could happen as soon as 2024 because of one major reason: money.