CFP and ESPN extend discussion of media rights for possible expansion from 12 to 24 playoff teams

The College Football Playoff (CFP) extended discussions with ESPN regarding media rights for a potential expansion of the playoff field from 12 to 24 teams, announced on Saturday. The exclusive negotiating window for media rights concluded on the 30th day, with ESPN's new deal starting this year worth $7.8 billion over six seasons.

ESPN holds the first option to add the first two games in any expansion of the playoff. The College Football Playoff statement mentioned constructive dialogue with ESPN during the negotiating window, though no further details were provided due to the confidential nature of the discussions.