I don't think that's quite correct Harlan, the top 6 play a mini league for playoff placings, at the same time the bottom 5 play a mini league for the last 2 playoff spots, 8 in total. You start with some bonus points for where you finished in the regular season.
So should they fail in that stage, I guess he's done for the year, but I think that's at least another 8 games (home/away versus each).
That was my understanding from their website anyway.
regular season: 2 round robins
intermediate round: placement round: 1.-6. regular season 1 round robin qualification round: 7.-11. regular season 1 round robin