1. Oregon (Rose)
2. Georgia (Sugar)
3. Boise State (Fiesta)
4. Arizona State (Peach)
12. Clemson at 5. Texas (winner plays ASU)
11. SMU at 6. Penn State (winner plays BSU)
10. Indiana at 7. Notre Dame (winner plays Georgia)
9. Tennessee at 8. Ohio State (winner plays Oregon)
Yes, SMU ranked ahead of Clemson just like SMU was ranked ahead of BYU this whole time. Clemson has three losses.