Alabama takes over at No. 1 after the previous top-ranked team, Georgia, lost by 23 points to Auburn on Saturday. The Tigers are now sitting at No. 6 and are two weeks away from an Iron Bowl clash with the Crimson Tide.
After Clemson, at No. 3, is the team that knocked off Notre Dame -- Miami. The Hurricanes nearly wore out their turnover chain with four takeaways in a 41-8 drubbing of the Fighting Irish on Saturday.
As a result of the loss, Notre Dame tumbled from No. 3 to No. 8 -- one spot behind Georgia -- but the Irish's hopes of making the CFP are likely dashed.
Rounding out the top four in the CFP rankings are the Sooners, who are 9-1 after a 38-20 win over Big 12 foe TCU on Saturday. The Horned Frogs dropped from sixth to 12th after the loss in Norman. Oklahoma had been holding steady at No. 5 in the CFP rankings, but it finally made the move into the top four.
Wisconsin checks in as the highest-ranked Big Ten school at No. 5. The Badgers (9-0) have plowed their way through a weak schedule and might need a top-four team to lose in order to make the jump into a playoff position, even if they win out.
Auburn sits at six, one spot ahead of the team it took down on Saturday, Georgia. The Bulldogs fell from No. 1 to No. 7 after Saturday's 40-17 loss, but the Bulldogs still could have a path to the playoff if they win the SEC title game.
Stanford, Michigan and Boise State are new to this week's CFP rankings.