Playoff Logic is flawed right now. 5 "power" conferences and 4 playoff slots. Anyone with an ounce of logic would make it 6 teams (2 byes), 5 guaranteed slots for power conferences, and one wild card spot for an SEC team or undefeated non power 5 to climb in. Would remove almost all subjectivity, would get rid of the "oh the SEC just beats up on each other" argument, and would lead to better non-conference scheduling early in the season. Win win win.
Why 6? There were 4 "BCS" level bowls making for an obvious first round of 8. There was also a proven ranking system that, while not perfect, was a known commodity and probably as objective as we would ever see.
The minute they said "committee" they might as well have been saying "the field will be fixed to help the Big Ten". In basketball it's different, the committee has been around a long time, people know what measuring tools it uses, and with a 64 team field and all the guaranteed spots available the committee's biggest controversy is picking teams like 19 win Nebraska as bubble teams that will get blown out by better teams in the first round.
They could have had an 8 team playoff with 3 at large spots, zero controversy, and MORE MONEY...but for some reason they had to set up a rigged WWE style committee to ****** the thing how they wanted.