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Yup. The playoff caused this. There's no way conferences would have expanded past 12-14 if there was only a slim shot at sending 1 team to the BCS title game. With 4 spots, conferences got a little more comfortable since they could send multiple teams to the playoff. And with 12 teams in the playoff, there's really no limit to how many good teams can go. The B10 and SEC will likely regularly send 3-4 teams to the playoff so who cares if there are 18 teams in the conference.
I miss the days when bowl games actually kind of meant something and there was a tier of bowl games that were just better than others. Now you go to the Capitol One Bowl and everyone sits out because it's not the playoff. Hell, the Rose Bowl became a consolation prize.
Now, bowls only in the playoff will matter. All other bowl games will be absolutely trash -- and they may start shutting them down.
Meh.
The playoff isn't driving these consolidations. It's the media rights contracts for the other 3 months of college football.
Those Big 10 and SEC media rights contracts have ZERO to do with the playoff.