Four highest ranked conference champions are seeded 1-4 with the other champion (presumably the G5 winner) in as an auto bid but not with a bye in the bracket. Regular season rematches are possible and not avoided (unless you think the committee would monkey with the rankings to avoid it).
Upper left I'll to with Tennessee vs Florida State in the 8/9 game, winner gets Ohio State (1 seed)
Bottom left, Oregon vs Liberty in the 5/12 game, winner gets Kansas State (4)
Upper right 7/10 game I will take Notre Dame vs Penn State, winner gets Georgia (2)
Bottom right 6/11, Bama vs Utah, winner gets Clemson (3)
Second round
Tennessee
Ohio State
Oregon
KState
Penn State
Georgia
Utah
Clemson
Semis
Ohio State
Oregon
Georgia
Clemson
Finals
Georgia beats Ohio State
Close but no cigar: Ole Miss, Texas, Memphis
Upper left I'll to with Tennessee vs Florida State in the 8/9 game, winner gets Ohio State (1 seed)
Bottom left, Oregon vs Liberty in the 5/12 game, winner gets Kansas State (4)
Upper right 7/10 game I will take Notre Dame vs Penn State, winner gets Georgia (2)
Bottom right 6/11, Bama vs Utah, winner gets Clemson (3)
Second round
Tennessee
Ohio State
Oregon
KState
Penn State
Georgia
Utah
Clemson
Semis
Ohio State
Oregon
Georgia
Clemson
Finals
Georgia beats Ohio State
Close but no cigar: Ole Miss, Texas, Memphis