Ohio State has to be in. Yes, it's a HUGE knock against them to not win their conference, but they beat Wisconsin and Michigan and only lost to Penn State, another Top10 team. Plus, they beat top10 Oklahoma, who could win their conference today. In all, OSU could have 3 top10 wins.....with a 4th win against an AP top25 (Nebraska).
That being said, OSU should not be higher than
#4 . That is the punishment of not winning their conference. If they played today, they would have the chance to LOSE.....which would then knock them out of playoff contention. You should not receive a benefit of not playing for a championship on Championship Saturday.
#1-Bama ,
#2-Clemson (if they win today, it's 4 top25 wins, 3 top15),
#3-Washington (3 top25 wins, beat Colorado more easily then Michigan), 4-Ohio State
It gets VERY interesting if Clemson loses, b/c then teams like PSU/Wis/Michigan come back into play.