DALLAS -- After two failed bids to buy a Major League Baseball team, billionaire Mark Cuban is seriously considering trying to use his money to create a playoff alternative to college football's Bowl Championship Series.

Cuban, the outspoken owner of the NBA's Dallas Mavericks, told ESPNDallas.com on Wednesday that he is "actively interested but in the exploratory stage" of creating and funding a playoff system to crown a champion for major college football.

"The more I think about it, the more sense it makes as opposed to buying a baseball team," said Cuban, who tried to buy the Chicago Cubs and Texas Rangers within the last few years. "You can do something the whole country wants done."