And then there were 11.

That’s how many Power 5 teams have 1 or 0 losses heading into Week 11 of the 2023 season. As we saw in the first unveiling of the Playoff rankings, “total losses” continues to be monumental. Last week, all 13 of the 1- or 0-loss Power 5 teams made up the top 13 of the rankings. I’d expect that to continue, especially after the top-ranked 2-loss teams — Notre Dame and LSU — both lost their Week 10 matchups.

What’ll be interesting is whether there’s a shakeup in the top 5. Could Washington leapfrog Florida State after winning at USC? And could Georgia vault past Ohio State after beating Mizzou?

Let’s answer those questions and more with my projection of what the second Playoff poll will look like Tuesday night:

10. Penn State

It was pretty telling that the Lions were outside of the top 10 in the first poll. That’s because their best win to date came at home against Iowa. That’s not exactly “move the needle” stuff. Consider that a reminder that the selection committee doesn’t care nearly as much about “quality of loss” as some might think.

9. Ole Miss

After starting in the top 10, Ole Miss will move up a spot because of Oklahoma’s loss to Oklahoma State. Lane Kiffin’s squad was fortunate to survive Texas A&M at home. Georgia also had rooting interest for Ole Miss ahead of that showdown this weekend in Oxford. Because of that game, a 1-loss, non-division title-winning Ole Miss could still have a Playoff path.

8. Alabama

Somewhat quietly, that Alabama résumé has aged well. Besides taking care of LSU with a 2-touchdown victory at home, Ole Miss continues to win and boost that strength of schedule. Of course, the Tide’s Playoff path still likely goes through Georgia in the SEC Championship, and as the current ranking stands, Texas will continue to limit it. It’d be stunning if the selection committee put Alabama ahead of Texas when the Longhorns won by double digits in Tuscaloosa.

7. Texas

With a backup quarterback, Texas held off a solid Kansas State squad to keep its Playoff hopes alive. You could make a case that the Longhorns, who have 4 victories against Power 5 teams with a winning record compared to 1 for Oregon, should be ranked ahead of the Ducks. But do I expect that to happen? No because Oregon demolished Cal. Both Texas and Oregon have the same 1-loss path to the Playoff, so make of that what you will. It’s more of a discussion point for columns like these.

6. Oregon

That win at Utah is the reason that the Ducks are going to remain the top-ranked 1-loss team. It’s as simple as that. That’s the only victory that Oregon has against a Power 5 team with a winning record. On the bright side, another blowout win has that average Power 5 margin up to +23.4, which is 2nd among remaining Playoff hopefuls behind only Michigan (+37.7). Also on the bright side, games against USC and Oregon State are still on the schedule, along with a potential Pac-12 Championship rematch against Washington that the Ducks would need to win to get in.

5. Washington

It’s not an anti-Pac-12 agenda if the selection committee keeps Washington at No. 5 instead of pushing it to No. 4, which Florida State currently holds. After all, Oregon is the top-ranked 1-loss team and the Pac-12 had as many teams in the first Playoff poll (6) as the SEC. The Huskies are in an interesting spot because there’s debate about the margin for error. Obviously, winning out takes care of that. But what about a 1-loss Washington team? If the loss comes to 1-loss Oregon in the Pac-12 Championship, we know how that’ll play out. But it can get weird if we’re debating a 1-loss, non-Pac-12 champ Washington and the Pac-12 is nothing but 2-loss teams, the plot will thicken.

4. Florida State

Look. I get that FSU continues to have slow starts, but the Noles still registered their 5th consecutive win by at least 3 scores, and their average margin against Power 5 foes is +20.0 (only Michigan and Oregon are better among contenders). And that Boston College win from earlier in the season that was such a knock turned into a road win against a 6-3 team. I can make a better argument for FSU moving up to No. 3 than falling back to No. 5. That LSU win still moved the needle despite the Tigers’ 3rd loss coming at Alabama. Oh, and Ohio State is the only contender with more victories against Power 5 teams with a winning record than FSU (4).

3. Michigan

Let’s not get too into the weeds here. The season starts now. Beating Penn State in Happy Valley would be considered the first truly impressive win of the season. Even playing a 60-minute game on the road would call into question that level of dominance through 9 games. Barring a Big Ten/NCAA ruling on Connor Stalions, the selection committee will keep ranking Michigan based only on that résumé … which lacks quality wins.

2. Georgia

I couldn’t stand the preseason conclusion that “Georgia has to be undefeated to make the Playoff.” That lacked context. Context is saying that the Dawgs are entering their 2nd game of what could be 3 consecutive weeks against top-15 opponents. Getting through that unscathed — and likely without their best player barring a miracle Brock Bowers return — would be no small feat. Just as I mentioned with FSU, Ohio State is the only contender with more victories against Power 5 teams with a winning record than Georgia (4). If you think a 9-point win against No. 12 Mizzou was a knock against the Dawgs’ résumé, you might be too attached to that lazy preseason narrative.

1. Ohio State

When Ohio State was trailing Rutgers at halftime, I bet there were a ton of people who assumed it would cost the Buckeyes a No. 1 ranking. I disagree. I think it perhaps added to the growing public sentiment that this offense is never really going to look like the groups that we’ve seen light up scoreboards throughout the Ryan Day era, but consider this: Even if you want to argue that Ohio State’s best win (at Notre Dame) took a hit because of the Irish losing to Clemson, the Buckeyes still have 5 victories against Power 5 teams with winning records. No other contender can say that. But obviously, this all comes down to Nov. 25 at The Big House. As long as Ohio State keeps winning, the selection committee doesn’t have to shake things up at the top until then.