Consensus Reached On Four-Team College Football Playoff System

Finally, college football fans look like they'll find what they're looking for -- a playoff system. Per Sports Illustrated's Stewart Mandel, a consensus has been reached on a four-team playoff system that will determine the national champion.

Breaking: Jack Swarbrick: "We have reached a consensus on a 4-team playoff."

— Stewart Mandel (@slmandel) June 20, 2012

The news is massive, and details should be forthcoming in the coming days. Currently, nothing is known except for the fact that it looks like we'll have a four-team playoff. Presidents, though, will have the opportunity to still discuss alternative options, which could include a plus-one system.

While nothing is set in stone, it certainly looks like Wednesday's meetings were a major step in finalizing a playoff system in a sport that desperately needs it.

Georgia Bulldogs fans can head over to Dawg Sports to discuss the news, while Georgia Tech fans can head over to From The Rumble Seat.