Tennessee is 1, followed by Ohio State, Georgia, Clemson, and Michigan. Bama with the 1 loss is ahead of unbeaten TCU and Oregon is 8.
How is Clemson ahead of Michigan??
Also I would have put TCU ahead of Alabama. But some of this stuff should sort itself out anyways. Lot of good games left and a handful of these teams play each other soon (including Georgia-Tennessee this weekend)
3 ranked wins vs. 1 would be my guess. As bad as the ACC is, it might actually be better from the bottom up than the Big Ten is. Sure Ohio State and Michigan are great (or at least very good) teams, but Penn State and Illinois are the next 2 best teams and I'm not sure they are actually any better than teams like Syracuse, Wake Forest, NC St., or UNC. And Northwestern is probably the worst team in any Power 5 conference (it is them or Colorado). now the eye test definitely says Michigan is better as they have just been crushing everyone, while Clemson has been skating by, but they have played overall a better schedule (or at least more "good" teams). It is all moot though because either Clemson loses or if Clemson wins out, either Michigan will win out and move ahead of Clemson or Michigan will lose to Ohio State and finish behind unbeaten Clemson.
Penn State and Illinois are definitely better than NC State, Syracuse, and Wake Forest. Wake Forest being ranked is a joke — talk about cruising on a bad non-conference schedule, they had Army, Liberty, Vanderbilt (who also deserves mention in the worst P5 team conversation), and VMI, which is a 1-7 FCS team. They play that non-conference and get blown out by a mediocre conference opponent, and still get ranked? Come on. Maryland is as good as any of those three teams, and will be ranked next week.
It should also be noted in the non-conference schedule conversation that the Big 10 plays 9 conference games, whereas the SEC and ACC each play 8, so you’d hope those teams would have better non-conference schedules given they have an extra game to schedule a P5 opponent.