I don't know why you would give two teams a bye. It seems unnecessary and would automatically bring undue controversy. It's got to be four or eight and every team plays.6 team playoff
5 P5 conference champs
1 at large
1st round is played week after conference championship games between 6/3 and 5/4 seeds at home of higher seed.
Seeding is based on following order:
1. Number of conference wins
2. If #1 is a tie, Number of P5 wins
3. If #2 is a tie, Strength of schedule