The College Football Playoff expansion process is underway.
The CFP management committee is officially proposing a 12-team playoff, the group said Thursday. The 12-team idea was first reported by Yahoo Sports' Pete Thamel on Monday.
The 12-team playoff would feature the six highest-ranked conference champions and six at-large teams. The current playoff format has been in effect since 2014 and features just four teams.
The top four conference champions would receive a first-round bye while the eight other teams played in the first round at the home stadiums of the Nos. 5-8 teams. The final three rounds would be bowl games at neutral sites.