College Football Playoff 2025: Bubble watch after Week 4 - ESPN

The 12-team College Football Playoff has significantly broadened the pool of candidates to include any team that has a chance to win its conference — and that makes every FBS race matter longer, as the selection committee's five highest-ranked conference champions are guaranteed spots in the playoff.

Heading into the final Saturday of September, the shifting continues as conference races are just beginning to heat up.

Below you'll find one team in the spotlight for each of the Power 4 leagues and another identified as an enigma. We've also tiered schools into three groups. Teams with Would be in status are featured in this week's top 12 projection, a snapshot of what the selection committee's ranking would look like if it were released today. A team with Work to do is passing the eye test (for the most part) and has a chance at winning its conference, which means a guaranteed spot in the playoff. And a team that Would be out is playing in the shadows of the playoff — for now.

The 13-member selection committee doesn't always agree with the Allstate Playoff Predictor, so the following categories are based on historical knowledge of the group's tendencies plus what each team has done to date.

Reminder: This will change week-to-week as each team builds — or busts — its résumé.

Jump to a conference:
ACC | Big 12 | Big Ten
SEC | Independent | Group of 5
Bracket

Spotlight: Ole Miss. The Rebels gained serious top-12 consideration this week after a 4-0 start that included back-to-back wins against SEC opponents (Kentucky and Arkansas) and a 45-10 drubbing of a talented Tulane team. Ole Miss is No. 7 in ESPN's strength of record metric, which means the average top-25 team would have a 47.7% chance to achieve the same record