From ESPN:

The NCAA Division I Council announced Wednesday that it will relax restrictions on college football's conference championship games, allowing conferences to determine the teams that would participate in their respective title game. The decision paves the way for conferences to avoid having title-game matchups determined by division winners as well as possibly eliminating divisions altogether.

It didn't take long for a Power 5 conference to change things up. Minutes after the NCAA announcement, the Pac-12 announced that starting in 2022, the conference's title game would feature the teams with the two highest winning percentages.

NEWS: We've announced a change to the #Pac12FCG format.

Starting in 2022, the two teams with the highest conference winning percentage will face off in the championship game.#Pac12FBhttps://t.co/Beg01ZV4od
— Pac-12 Conference (@pac12) May 18, 2022