[Bill B]

The reason I heard that school presidents are against it is because of missed classes that will occur as a result - which is crap. With basketball the players miss a ton of classes not only during the tournament but also during the regular season compared to football. Also, if you went to a 16 team tournament that would only be an extra month for the finalists, 3 weeks for semis and so on - so the season is only long for a few teams - not everyone.
Heck I would like to see a 32 team tournament - 1 month and one extra week of football is not that bad and I bet it would rake in more money than March Madness in a couple of years - maybe sooner. Plus - if you ran the tournament right after classes end in the winter, there would be really no lost class time as the School Presidents say there would be. You could get rid of the computers and let the champ be decided on the field and it would make College Football even better.