College Football Playoff rankings: Who would be alive in a 12-team format?

“I think the overall size and value of the sport is diminished because of the four-team invitational.”

That is a quote from FOX Sports college football analyst Joel Klatt on college football’s current four-team playoff format, which is scheduled to expand to 12 teams as soon as 2024 and no later than 2026.

Klatt — who will call Saturday’s USC-UCLA Pac-12 showdown alongside Gus Johnson and Jenny Taft (8 p.m. ET on FOX and the FOX Sports…