Live updates all day to the College Football Playoff selection show and the four teams to compete for the College Football Playoff. College football rankings: Playoff teams are announced, who's in the CFP four?. The College Football Playoff (CFP) is an annual postseason tournament to determine the .. The College Football Playoff uses a four - team knockout bracket to determine the national champion. Six of the most historic bowl games—the Rose. College football rankings: Playoff teams are announced, who's in the CFP four?. The College Football Playoff national championship is Monday, Jan. last year's inaugural selection, with the four teams being all but locked in. The College Football Playoff Selection Committee released six sets of rankings in Tuesday, November 1 and concluding Selection Day, Sunday, December 4.