The Associated Press

PROVIDENCE, R.I. - The Bowl Championship Series formed an oversight committee Thursday to discuss the possibility of a college football playoff and any other changes to the bowl system.

One university president or chancellor from each of the six BCS conferences will be on the committee. They are Marye Anne Fox of North Carolina State; Donna Shalala of Miami; Graham Spanier of Penn State; Harvey Perlman of Nebraska; Robert Khayat of Mississippi; and David Frohnmayer of Oregon.

Big East commissioner Mike Tranghese, the chair of the BCS, said there will also be an advisory committee of athletic directors from the conferences.

The current BCS agreement with the bowls and ABC Sports concludes with the playing of the 2005-06 bowl games.

ABC, which has a $525 million, seven-year contract to televise the BCS games - the Rose, Fiesta, Sugar and Orange bowls - has an exclusive negotiating period in the second half of 2005 to keep the games on the network.

The BCS was formed in 1998 in an effort to match the top two teams in a national title game. The system is not problem-proof and some people would prefer a playoff system.