Chaos keeps shaking up the College Football Playoff rankings as Selection Day draws near. The top four teams have held firm for the past three weeks, but just about everything else is in flux after three more top-10 teams lost last week.

No. 1 Oregon, No. 3 Texas, No. 6 Miami and No. 11 Boise State are the committee's projected highest-ranked conference champions. As of now, the fifth highest-ranked conference champion is Arizona State out of the Big 12, but AAC leader No. 17 Tulane is on the rise.

No. 2 Ohio State, No. 4 Penn State, No. 5 Notre Dame, No. 7 Georgia, No. 8 Tennessee, No. 9 SMU, No. 10 Indiana are projected to earn at-large bids. No. 12 Clemson and No. 13 Alabama, regulars in the four-team playoff format, are the first teams out.

Below is the projected 12-team bracket, via ESPN:

Here is the committee's top 25, which includes one newcomer.

1. Oregon - 11-0 (8-0 Big Ten)

2. Ohio State - 10-1 (7-1 Big Ten)

3. Texas - 10-1 (6-1 SEC)

4. Penn State - 10-1 (7-1 Big Ten)

5. Notre Dame - 10-1

6. Miami - 10-1 (6-1 ACC)

7. Georgia - 9-2 (6-2 SEC)

8. Tennessee - 9-2 (5-2 SEC)

9. SMU - 10-1 (7-0 ACC)

10. Indiana - 10-1 (7-1 Big Ten)

11. Boise State - 10-1 (7-0 Mountain West)

12. Clemson - 9-2 (7-1 ACC)

13. Alabama - 8-3 (4-3 SEC)

14. Ole Miss - 8-3 (4-3 SEC)

15. South Carolina - 8-3 (5-3 SEC)

16. Arizona State - 9-2 (6-2 Big 12)

17. Tulane - 9-2 (7-0 AAC)

18. Iowa State - 9-2 (6-2 Big 12)

19. BYU - 9-2 (6-2 Big 12)

20. Texas A&M - 8-3 (5-2 SEC)

21. Missouri - 8-3 (4-3 SEC)

22. UNLV - 9-2 (5-1 Mountain West)

23. Illinois - 8-3 (5-3 Big Ten)

24. Kansas State - 8-3 (5-3 Big 12)

25. Colorado - 8-3 (6-2 Big 12)

With the third College Football Playoff rankings out, we identified a trio of teams that have not played up to the level of their ranking below.

Disagree with our analysis? Let us know in the comments below.

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