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Sources: CFP board of managers to meet, with 'momentum' toward playoff expansion

The College Football Playoff's board of managers will hold a virtual meeting on Friday that could accelerate playoff expansion as early as 2024 if the 11 presidents and chancellors who comprise the sport's most powerful group vote on a format and unanimously agree to it, sources confirmed to ESPN on Wednesday.

"There's momentum," a source with knowledge of the conversations told ESPN. "There's definitely momentum."

The source indicated it was 50-50 whether there would be any kind of vote. Sports Illustrated first reported the meeting.

CFP executive director Bill Hancock declined to confirm or deny the report.