Axios

The College Football Playoff's board of managers voted Friday to expand its four-team format to include 12 teams, the CFP said

The big picture: The conferences involved in postseason college football could potentially make $2 billion in media rights, AP writes.

The PGA Tour said Friday some of its players will not be eligible for renewal because of their contracts with the Saudi-backed LIV Golf circuit.

The big picture: The Justice Department is investigating the PGA Tour for possible antitrust violations by not letting golfers compete in a separate golf league.