2024 Projected CFP rankings: Oregon, Georgia top early list; Liberty makes cut

A new era of college football is set to begin in 2024. 

For the first time ever, the College Football Playoff (CFP) will use a 12-team playoff format. 

The format includes the five highest-ranked conference champions and the next seven highest-ranked teams, which receive automatic bids and at-large spots, respectively.

On Thursday's edition of "The Herd," Colin Cowherd revealed his projected CFP rankings. Let's dive into it.

National Championship odds: +800 (bet $10 to win $90 total)
Odds to make the College Football Playoff: -300 (bet $10 to win $13.33 total)

"Oregon will be the best Big Ten team," Cowherd said. 

National Championship odds: +300 (bet $10 to win $40 total)
Odds to make the College Football Playoff: -550 (bet $10 to win $11.82 total)

National Championship odds: +400 (bet $10 to win $50 total)
Odds to make the College Football Playoff: -650 (bet $10 to win $11.54 total)

National Championship odds: +800 (bet $10 to win $90 total)
Odds to make the College Football Playoff: -235 (bet $10 to win $14.26 total)

National Championship odds: +1400 (bet $10 to win $150 total)
Odds to make the College Football Playoff: +100 (bet $10 to win $20 total)

Cowherd believes that five teams are far above the rest of the field this season: "I believe that Oregon, Georgia, Ohio State, Texas and Alabama will feel better than anyone in college football." 

National Championship odds: +2500 (bet $10 to win $260 total)
Odds to make the College Football Playoff: +140 (bet $10 to win $24 total)

"Florida State will win a very weak conference. They have an excellent coaching staff and good recruiting momentum. They'll get in." 

National Championship odds: +2200 (bet $10 to win $230 total)
Odds to make the College Football Playoff: -140 (bet