At 8 p.m. Eastern on Saturday (ESPN), the 2010 Heisman Trophy winner will be announced at Times Square in New York City. Auburn quarterback Cam Newton is the heavy favorite to win the award, but he still faces some formidable competition from three fellow finalists: Stanford quarterback Andrew Luck, Oregon running back LaMichael James, and Boise State quarterback Kellen Moore.
The Heisman Trophy is college football's oldest award. It was first won in 1935 by Chicago's Jay Berwanger. Last year's recipient was Alabama running back Mark Ingram.
The method of choosing the Heisman Trophy winner is a rather sophisticated one. Six regions of the United States -- the Far West, Mid-Atlantic, Midwest, Northeast, South, and Southwest -- are allowed 145 votes from various journalists and other media personalities. All previous Heisman winners receive a vote, and a final vote is allowed via public balloting. Each ballot allows the voter to list a first-, second-, and third-place vote, and the resulting points are tabulated to determine the winner.
We'll have Heisman Trophy updates before, during, and after the ceremony right here on SB Nation. Follow along with this StoryStream as the day progresses.