Want to make the playoff work? Expand it.

AAC Commissioner Mike Aresco criticized the college football playoff committee last week for placing Iowa State ahead of Cincinnati in their ranking. Aresco has a point; the Cyclones were 9-2 at the time and just lost to Oklahoma in the Big 12 championship this week, while Cincinnati is undefeated and favored in the AAC Championship. Aresco's comments also proves the committee only cares about the bottom line for the Power Five Conferences, namely the SEC, Big Ten, and Big 12.

If the committee only cares about the bottom line, why not expand the playoff? This year's playoff would be ripe for such an expansion. Here's how it would work: each Power Five champion automatically gets in, with the highest-ranked Group of Five school and the two best at-large schools getting in. Here's how the format would look under the current format:

1. Alabama (SEC)
   
2. Ohio State (Big Ten)
   
3. Clemson (ACC)
   
4. Notre Dame (At-large)
   
5. Texas A&M (At-large)
   
6. Oklahoma (Big 12)
   
7. Oregon (Pac-12)
   
8. Cincinnati (Group of Five)
   

In the process, big-name schools like Oklahoma get in and a Group of Five school gets their chance to shine. Central Florida had the same problem with the committee a few years ago when they were undefeated and even beat Auburn. The Knights got no respect from the committee, being left in the dust.

If you're wondering about what'll happen with the New Year Six bowl games, they'll be used as the playoff sites. The championship game will be played in a selected city separate from the New Year Six bowl games. Think about how much money would be generated from advertisements alone. Schools would also get a better purse from making the playoffs as well, with schools like Oklahoma and Texas A&M bringing in more revenue.

Expanding the playoff is a win-win for all sides. Big-name schools like Oklahoma and Florida would get a chance to bring in more revenue with their winning ways while the Group of Five finally gets some representation. So why isn't the NCAA jumping at this opportunity?