Here they are:
Michigan State Athletics Director Mark Hollis:
“From the beginning of this process, I have emphasized that the important components of the college football postseason are maintaining the relevance of the regular season, rewarding conference champions, and providing an environment that recognizes strength of schedule. While the outcome may not achieve everything for everyone, it does take into consideration something for everyone.
“These along with an opportunity for student-athletes from deserving teams to have a bowl experience are important. The Rose Bowl continues to be of the utmost importance for Michigan State and the entire Big Ten Conference. We also value our relationships with our other Big Ten bowl partners.
“The presence of a selection committee, working with appropriate principles, can allow parameters of significance to enter and direct the (selection) process. The selection committee will consider things like: did a team win a conference championship, what teams did it play and beat in the non-conference schedule? So every game during the regular season must factor into the process.
“The rotation of the venues, including the bid process for a championship site, provides for diverse and multiple locations for the playoff. This can be good for college football.
“While the new system may be considered an improvement, there is no question that controversy may continue regarding the teams that participate. I look forward to engaging in the process, participating in the evolution, and competing for a championship.”
Big Ten Commissioner, James E. Delany:
“The Big Ten Conference is pleased with the decision made by the presidential oversight committee to implement a four-team playoff for college football. We feel that this system will protect the regular season, preserve the tradition of bowl games and further enhance the Big Ten’s partnership with the Pac-12 and Rose Bowl while simultaneously allowing for great innovation. It was a great day for college football student-athletes, coaches, administrators and fans.”