The CFP committee would have an easy time leaving Penn State out if it puts more emphasis on the strength of schedule, which obviously favors Ohio State, and who beat Michigan. Conference champions are favored, but that isn't required. As you pointed out, money is a big reason for the controversy over two teams from the same division getting in a four-team playoff. It is a good thing Alabama and Clemson don't have to worry about this issue in their conferences.

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