College Football Power Rankings: TCU Stays in Hunt, Oregon and UCLA Eject from College Football Playoff Discussion

The College Football Playoff debate took another turn on Saturday.

TCU left Austin with an upset win against Texas, cashing as +200 underdogs, to keep their undefeated season in tact and in firm control of their College Football Playoff hopes. However, the PAC-12's path to a CFP team took a big hit on Saturday as Oregon and UCLA each lost as double digit home favorites.

Let's asses the fallout from Saturday's Week 11 and where we stand.

1. Georgia (-125)

There was no letdown for the defending National Champions against Mississippi State in Week 11, winning 45-19 on the road. The Bulldogs are the odds on favorite to win the National Championshiip as they are set to face LSU in the SEC Championship and are the overwhelming favorite to be the No. 1 seed as they will be double digit favorites each of their remaining games ahead of the CFP.

Next Week: @ Kentucky

2. Ohio State (+250)

Ohio State was in firm control of Indiana, winning at home 56-14 against Indiana. C.J. Stroud tossed five touchdowns in the win as Ohio State continued to look like a College Football Playoff contender.

Next Week: @ Maryland

3. Tennessee (+2000)

Tennessee bounced back following the loss to Georgia last week, pulling away from Missouri in the second half to win 66-24.

The biggest development didn't happen on the field, though, it happened in the College Football Playoff rankings reveal on Tuesday as they were ranked fifth behind Michigan and TCU, opening a door for them to be bumped up following losses to the Big Ten team or TCU (EDIT AFTER TCU GAME).

Next Week: @ South Carolina

4. TCU (+2000)

TCU clinched a Big 12 Championship berth with an upset win at Texas over the weekend, another step towards their first College Football Playoff appearance. At 10-0, the Horned Frogs are one of three unbeaten teams left in college football and in control of their own destiny to make the top four.

However, the market has underrated Sonny Dykes' group all seaosn, including last week when they were catching over a touchown to Texas. The team has come back in games, scored in the 40's to outlast opponents, and now have won ugly, winning 17-10 on the road. TCU has two more regular season games and a Big 12 title game on the horizon.

The team may be able to get in with one loss, but an undefeated record will leave no doubt.

Next Week: @ Baylor

5. Michigan (+700)

Michigan made it look easy against a banged up Nebraska team that was without starting quarterback Casey Thompson, winning 34-3 at home.

Running back Blake Corum continues to be the workhorse of the offense, taking 28 carries for 162 yards and a touchdown.

The team faces Illinois at home ahead of their season defining game against Ohio State in Columbus.

Next Week: Illinois

6. USC (+3000)

It was a slow start for the Trojans, but the team ended up disposing of one win Colorado as they march towards the PAC-12 Championship.

Things opened up for the Trojans on Saturday as Oregon and UCLA each lost as double digit favorites. If USC can win at UCLA, Notre Dame and in the PAC-12 Championship game, it is very likely to make the CFP, which seemed like a far cry a few weeks ago.

Next Week: @ UCLA

7. Clemson (+6000)

It was a strong effort from the Tigers off their first loss of the season, handling Louisville 31-16 at home. Clemson will stay within earshot of the College Football Playoff as long as they keep winning and teams in front of them keep falling.

Despite not having a glowing set of wins, a one loss Power 5 Champion will give the selection committee something to think about if the team wins out.

Next Week:

8. North Carolina (+6000)

The Tar Heels have entered the conversation as a dark horse CFP team. While the defense is still one of the worst of all Power 5 teams, they have a future NFL quarterback in Drake Maye (who is now +500 to win the Heisman Trophy) and an offense that can outpace anyone.

This formula was on display on Saturday as the team won 36-34 at Wake Forest as small underdogs, 36-34. UNC will be in the ACC Championship game against Clemson, setting up a possible win-and-in to the Playoff in certain situations.

Next Week: Georgia Tech

9. LSU (+5000)

LSU avoided a letdown after upsetting Alabama, holding off Arkansas in the final minutes to win on the road 13-10. It was a tough day for the Tigers offense, but the defense got a big lift from Harold Perkins Jr, who tied a school record with four sacks, including the game winning forced fumble.

Next Week: UAB

10. Oregon (+25000)

In the most thrilling game of the Week 11 slate, Oregon's College Football Playoff ended in a loss to Washington 37-34. The Ducks led late, but a gutsy call to go for it on fourth and one failed and the Huskies kicked a late field goal to win.

The Ducks still control their own destiny to the PAC-12 Championship game with only one conference loss, but it's path to the top four is all but shut.

Next Week: Utah

11. UCLA (N/A)

The Bruins suffered probably the worst loss of the weekend on Saturday, losing to Arizona as 20-point favorites at home ahead of a PAC-12 Championship elimination game against cross-town rival USC.

The Bruins can still play spoiler against the Trojans in Week 12, but the 34-28 home loss to Arizona is going to be the end of the line for the Bruins CFP hopes.

Next Week: USC

12. Alabama (+20000)

The Crimson Tide shut out Ole Miss in the fourth quarter to escape with a 30-24 win on the road, but it was another middling effort from the Crimson Tide, who have little to no path to the CFP now that LSU clinched an SEC West division title.

Next Week: Austin Peay

13. UCF (N/A)

UCF took firm control of the AAC on Saturday, winning at Tulane 38-31. The winner of the conference will likely be the Group of Five team to make a New Year's Six Bowl.

The Knights will be favored by double digits in their remaining two games and beat the two other contenders for a conference title game berth in Cincinnati and the aforementioned Green Wave, giving them essentially a two game lead.

Next Week: Navy

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Game odds refresh periodically and are subject to change.