HOLLYWOOD, Fla. (CBS SPORTS) – BCS executive director Bill Hancock, for once, didn’t mince words. “I can officially say that the ‘status quo’ is off the table,” Hancock said. What is still on the table?

Sit down. This could take a while.

After Wednesday’s BCS meetings at the Westin Diplomat, the 11 FBS commissioners are considering three options on how to structure college football’s new playoff format beginning in 2014. However, each option also contains different variations. The most likely format is a four-team playoff held at neutral sites, most likely the current BCS bowl sites.

“The majority of us want four teams [in a playoff],” a commissioner said. “However, we have no consensus idea how we’re going to pick them.”

There are two ways to pick the four-team field: the top-four ranked teams after the conference championships are played or the four highest ranked conference champions. SEC commissioner Mike Slive prefers the four highest ranked teams, because his league conceivably could have half of the four-team field every year. The SEC would have last year. “This is not a tournament,” Slive said. “It’s to figure out who the best teams are and let them play for the national championship.”

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