A landmark decision regarding the controversial Bowl Championship Series (BCS) and a potential playoff system for Division I college football was made by a group of college chancellors, conference presidents, university presidents and an oversight committee on Tuesday.

As of 2014, the BCS will cease to exist.

In its place will be a four-team bowl game playoff system. The winners of the semifinal games will go to the non-bowl National Championship. The semifinal games will be rotated between six bowls.

The four playoff teams will be selected by committee, much like the NCAA Basketball Tournament. This will herald the end of the much-maligned computer calculations that determined rankings in the BCS. The new criteria will be win-loss record, strength of schedule, head-to-head records with other playoff teams, and if a team won its conference championship.

What does this mean for the University of Georgia and the Georgia Tech's football programs? Under the new system, winners of power conferences such as the SEC or the Big 10 seem to be assured an “automatic bid” if they win their conferences. This may present a challenge to the Bulldogs and Yellow Jackets, as SEC and ACC powerhouses such as LSU, Alabama and Virginia Tech will be contending for the same championship honors.

With the change to the playoff system still two years away, some current Bulldogs and Yellow Jackets will graduate before they can attempt to earn a playoff berth for their squads; Georgia quarterback Aaron Murray and Tech quarterback Tevin Washington will have to give way to younger players before the playoffs begin in 2014.

With two seasons before the playoff system is implemented, both programs have plenty of time to shore up their rosters and assemble the right talents that will push them to the conference championships and playoff bowl games. Whether or not Georgia or Georgia Tech have what it takes to take home the National Championship will make for some exciting football in the coming months and years.