From the article on CBS Sports:

The ACC has submitted NCAA legislation that would “deregulate” football conference championship games sources told CBSSports.com.

The intent is to allow leagues their preference in how to determine their conference champion. It would theoretically eliminate the need -- per NCAA rules -- to split into divisions with the division winners meeting in a conference championship game.

That would benefit the ACC and other conferences which have expanded to the requisite minimum of 12 teams (and two divisions) to stage a championship game. Theoretically, with passage of the legislation, any of those conferences could play in one division and still stage a championship game.

If the new legislation is adopted a league could match its two highest-ranked teams. That might enahnce a conference's ability to get as many teams as possible into the new four-team playoff.

"Theoretically, we could say we're going to take the two highest in the BCS rankings and have them play at the end of the season," Big 12 commissioner Bob Bowlsby said.

ESPN.com first reported last month the league's intent to forward such legislation that would give the ACC “flexibility” in who plays in its conference title game. The legislation was submitted in collaboration with the Big 12, Bowlsby said Friday night.

From the Kansas State President and Big XII Commish:

"You wouldn't any longer have to have 12 (teams)," Bowlsby said. "You wouldn't any longer have to play a full round-robin in your subdivision. That would actually afford us the opportunity to have a playoff between two selected teams by whatever process we would want to select.

"I doubt we're going to do that but we would likely have the prerogative."

Kansas State president Kirk Schulz reiterated that stance: “The Big 12, with 10 schools, we have no desire to go to a divisional format. But there's been questions about, generally, should we have some sort of championship game or not? I think it's going to be interesting to see what happens to this proposal.”

The Big 12 plays a true round-robin schedule. It could match its two highest-ranked teams for a championship instead of, say, the winners of two five-team divisions. However, such a structure would guarantee that those Big 12 teams would be meeting for second time in a season.

“To me,” Schulz said, “playing a team a second time in a season is just odd.”

http://www.cbssports.com/collegefootball...-structure