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It is likely that the make-up of the selection committee for the College Football Playoff that begins next year will be finalized before the end of this regular season.

After concluding a meeting with conference commissioners in Chicago, Bowl Championship Series executive director Bill Hancock said Wednesday that the commissioners working on the selection committee have more work to do before the group is set but that there's a good chance it will be finalized by the end of the regular season.

"We all feel good about where we are," Hancock said.

The College Football Playoff selection panel will resemble the one that selects the NCAA basketball tournament, with commissioners saying it will consist of 12 to 18 members. Hancock said the final number will probably be closer to the low end of that range, so expect 12 to 15 people. The committee is expected to consist of current athletic directors, former college football players and coaches, former college athletic administrators and former media members.

As of now, Hancock said the plan for the selection committee is to release rankings three to five times per season before the final selection Sunday at the end of each campaign.

"We know that the weekly BCS standings are great for the regular season," he said. "It only seems right to give the fans a snap shot during the regular season of how the teams stand."

Alabama is trying to win its third national championship in a row and its fourth in five years in the final season of the BCS, which has been in place since the 1998 season.

Dave Miller, the college football editor and writer for the National Football Post, is on Twitter @Miller_Dave.