While many college football fans are disappointed by the recent news, it was announced Monday that the College Football Playoff will expand to 24 teams in 2027, with conference championship games being eliminated.
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ESPN and the CFP have agreed to a five-year deal worth nearly $1.7 billion. ESPN’s Pete Thamel also reported that the network will pay an additional $345 million per year for the expanded 24-team playoff.
“A formal agreement between the CFP and ESPN regarding future media rights in connection with potential expansion is in the final stages of review by the CFP,” the Nov. 6 statement read. “A decision on the agreement will be made following this review. We will provide additional updates when appropriate.”
Source: Yahoo Sports
