The Bowl Championship Series will be replaced by the College Football Playoff.
A person familiar with the decision tells The Associated Press that the new four-team playoff starting after the 2014 regular season will be called the College Football Playoff, and the conference commissioners will make it official with an announcement later Tuesday.
The person spoke on condition of anonymity because the name was not to be released before then.
The major college football conference commissioners are holding three days of meetings in the Rose Bowl's backyard. They also will name several sites in the rotation for semifinal games under the new system.
ESPN.com first reported the new name.