The Rose and Sugar bowls will host college football's first national semifinals on Jan. 1, 2015, with the AT&T Cotton Bowl a "prohibitive favorite" to host the national title game on Jan. 12, 2015, sources said Monday.

Six bowls, also to include the Orange, will rotate as hosts for the national semifinals. The other three have not been officially determined. Sources told ESPN they would be the Cotton, Tostitos Fiesta and Chick-fil-A bowls.

The remaining national title game sites will be bid out to any city interested in hosting the game, similar to how the Super Bowl is chosen, BCS executive director Bill Hancock has said.

More than a dozen cities have inquired about hosting the national championship game.