I have read where the first 4 games will be played at one team's home field and this is not a bowl game. After this there are 8 teams left 4 byes and 4 winners. The Next set of games are bowl games for 1/4 and semi. So yes, they will use the bowl system to carry out the bracket. The final will be toward the end of Jan. The semi will take place 2nd weekend of Jan.
From https://www.ncaa.com/news/football/article/2023-12-03/how-12-team-college-football-playoff-will-work-teams-schedule-bids
2024 quarterfinals: Fiesta Bowl, Peach Bowl, Rose Bowl and Sugar Bowl
2024 semifinals: Cotton Bowl and Orange Bowl
Fiesta Bowl | Quarterfinals
Dec. 31
Peach, Rose, Sugar Bowl | Quarterfinals
Jan. 1
Orange Bowl | Semifinals
Jan. 9
Cotton Bowl | Semifinals
Jan. 10
Atlanta, GA | National Championship
Jan. 20
I understand this and the article explains qualifiers but it seems disjointed to me. Thanks for the input everyone.
mspart