Apparently, the 64 team field was ruled out. Also, the BCS said nyet to plans involving just two teams, eight teams and 16 teams. But in the words of Jason Kirk:

...the biggest news here is that a four-team playoff beginning in 2014 is all but unavoidable now.

I'd still favor a field of 8 but this beats a stick in the eye.

Andy Staples had some good thoughts yesterday.

Also, thoughts on venues.

Official BCS statement below the jump.

"As part of our deliberations, we have carefully considered a number of concepts concerning the post-season structure for the BCS. From the start, we set out to protect college football's unique regular season which we see as the best regular season in sports. We are also mindful of the bowl tradition and seek to create a structure that continues to reward student-athletes with meaningful bowl appearances.

"Having carefully reviewed calendars and schedules, we believe that either an 8-team or a 16-team playoff would diminish the regular season and harm the bowls. College football's regular season is too important to diminish and we do not believe it's in the best interest of student-athletes, fans, or alumni to harm the regular season.

"Accordingly, as we proceed to review our options for improving the post-season, we have taken off the table both an 8-team and a 16-team playoff.

"We will continue to meet and review the exact structure for what a new post-season could look like. We are making substantial progress. We will present to our conferences a very small number of four-team options, each of which could be carried out in a number of ways.

"We have discussed in detail the advantages and disadvantages of in-bowl or out-of-bowl games.

We have discussed in detail the advantages and disadvantages of campus sites or neutral sites. We have discussed in detail the advantages and disadvantages of various ways to rank or qualify teams.

"Our process is proceeding as we have planned and we look forward to further conversations."

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