Named 2015 Sports Event of the Year by the SportsBusiness Journal, the College Football Playoff (CFP) is the event that crowns the national champion in college football. The CFP Selection Committee ranks the top 25 teams at the end of the season. For the 2024 and 2025 seasons, the 12 playoff participants consist of the five highest-ranked conference champions, plus the next seven highest-ranked teams. The four-highest ranked conference champions will be seeded one through four and receive a first-round bye. The schools seeded five through eight will host those seeded nine through 12 in first-round games. The quarterfinals and semifinals rotate annually among six bowl games – the Goodyear Cotton Bowl Classic, Vrbo Fiesta Bowl, Capital One Orange Bowl, Chick-fil-A Peach Bowl, Rose Bowl Game presented by Prudential and the Allstate Sugar Bowl. This year's quarterfinals will take place on December 31, 2024 and January 1, 2025, while the semifinals will be January 9-10, 2025. The College Football Playoff National Championship will be Monday, January 20, 2025, at Mercedes-Benz Stadium in Atlanta.