then the 2nd Round would have 6 teams and the Semi-Final Round would have 3 teams assuming no team receives a bye in the 2nd Round. Does it make sense to give 1 team a bye in the Semi-Final Round? If a team receives a double bye, then does that give the team too much of a competitive advantage for the Semi-Final Round? If the FBS is going to have a 10-team tournament, then I would think it makes more sense to treat the 1st Round as a play-in round.

7 v. 10
8 v. 9

Then the 2nd Round would have 8 teams.

1 v. winner of 8 v. 9
4 v. 5
2 v. winner of 7 v. 10
3 v. 6