The commissioners want strength of schedule emphasized and to give conference champions some preference. They also are working on power rankings, similar to the RPI used by the NCAA basketball tournament selection committee.
The commissioners will have about four hours Tuesday to make their case. While they would like to have this wrapped up sooner rather than later, there is no hard deadline.
The new format needs to be finalized by the time television contract negotiations begin in the fall. The current deal ends after the 2013 season.
Current TV partner ESPN will have an exclusive first crack at making a deal, but there is no drop-dead date for that window to open.
So even though there is no finish line, the end of this playoff process seems to be approaching.