In the fourth edition of the 2024 CFP rankings, the Cougars (9-2) are ranked No. 19, down five spots from their placement at No. 14 last week, meaning the loss to Arizona State was viewed as somewhat more forgivable in the eyes of the committee than the Cougars’ loss to Kansas two weeks ago.

Case for: The eye test and statistics favor Indiana. The Hoosiers have an electrifying offense led by quarterback Kurtis Rourke and five receivers with at least 24 catches, 280 yards and three touchdowns. Indiana also plays high-level defense, which is unusual for a portal-based team.

Arizona State is the highest-rated of five ranked teams from the Big 12, coming in at No. 16 — just one spot ahead of Tulane, which will play for an American Athletic Conference title next weekend.