Thursday, September 17, 2026

College Football Playoff Shock: Top 4 Seeds All Lose in Quarterfinals

The College Football Playoff is onto the semifinals after the expanded era’s first quarterfinal matchups and the debut of home Playoff games.

Amber Searls-Imagn Images

The first College Football Playoff quarterfinals wrapped up Thursday as Notre Dame defeated Georgia 23–10 following the Sugar Bowl’s one-day postponement due to the deadly attack in New Orleans. 

Despite the delay, plenty of Georgia and Notre Dame fans packed the Caesars Superdome to create a lively atmosphere for the 4 p.m. ET kickoff. However, the announced attendance was 57,267—more than 11,000 short of the 68,400 tickets sold. 

Notre Dame’s victory means that in the first 12-team CFP, the top four seeds were swept after earning first-round byes by winning their respective conference champions. However, due largely to the CFP’s unique structure, each of the lower seeds in the quarterfinals was the betting favorite by kickoff of each game. Georgia was without starting quarterback Carson Beck, who was injured in the SEC championship game.

While Oregon and Georgia were the top two teams in the final CFP rankings, Boise State and Arizona State also earned bye weeks despite being ranked No. 9 and No. 12, respectively. Ultimately, the time off didn’t prove to be enough of an advantage for any of them.

The quarterfinals—played across traditional New Year’s Six bowl games—came after the CFP’s first round saw Texas, Ohio State, Penn State, and Notre Dame each beat their underdog visitors by double digits in front of rowdy home crowds during the debut of on-campus Playoff games.

Now the CFP semifinals are set:

  • Orange Bowl, Jan. 9: (7) Notre Dame vs. (6) Penn State
  • Cotton Bowl, Jan 10: (8) Ohio State vs. (5) Texas

The winners of those games will square off in the CFP national championship game at Mercedes-Benz Stadium in Atlanta on Jan. 20. Ohio State, the lowest seed remaining, is the betting favorite to win the national championship with +110 odds, according to FanDuel.

Big Ten Is Still King

After the Big Ten topped all other conferences with four CFP bids, two Big Ten squads—Ohio State and Penn State—have reached the semifinals. That has earned the Big Ten $28 million in bonuses from the CFP’s revenue distribution system.

Texas has secured at least $14 million for the SEC, and Notre Dame—an independent—has earned at least $14 million for itself. 

There is another $12 million up for grabs, as each school that reaches the national championship earns $6 million for its conference, or in Notre Dame’s case, for the university.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Exclusive

LeBron James Polymarket Deal Worth $15 Million a Year

James is not an investor in Polymarket, just an endorser.

NFL Blocks Teams From Signing ex-LSU Players

Dae’Quan Wright’s agent says the tight end is exploring his legal options.
Jay Williams Asset Class Front Office Sports
Exclusive

Jay Williams: ‘We All Participated’ in Cash Payments Before NIL

Williams said the payments came in “duffel bags” during the playful exchange.
Texas Longhorns quarterback Arch Manning (16) looks to throw over Ohio State Buckeyes linebacker Payton Pierce (26) during the NCAA football game at Darrell K Royal–Texas Memorial Stadium in Austin, Texas on Sept. 12, 2026. Texas won 24-23.

CFB Viewership Off to Hot Start After Texas–Ohio State Thriller

ABC averaged nearly 14 million viewers Saturday night.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Ndamukong Suh & Jay Williams on the Business of Life After Sports

0:00

Featured Today

Oct 4, 2025; Tempe, AZ, USA; General action during the first period of the game between the Arizona State Sun Devils and the Penn State Nittany Lions at Mullett Arena

How Military-Style Workouts in College Sports Get Dangerous

For elite athletes, high-intensity training can be “very appealing.”
September 6, 2026

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 4, 2026

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.
September 3, 2026

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
September 1, 2026

High School Football Sidelines Are Clogged With Content Creators

Administrators call these amateur newcomers the “pajama paparazzi.”

Senators Stage Effort to Pass the Protect College Sports Act

An opposition coalition has formed to block the bill.
Sep 12, 2026; Baton Rouge, Louisiana, USA; LSU Tigers head coach Lane Kiffin reacts to an intercept by Louisiana Tech Bulldogs during the first half at Tiger Stadium. Mandatory Credit: Stephen Lew-Imagn Images
September 15, 2026

Oxford Bulking Up Police Presence for Lane Kiffin’s Return

Ole Miss coach Pete Golding asked fans to be rowdy but respectful.
Nov 28, 2025; Austin, Texas, USA; Texas Longhorns quarterback Arch Manning warms up before a game against the Texas A&M Aggies at Darrell K Royal-Texas Memorial Stadium. Mandatory Credit: Scott Wachter-Imagn Images
September 15, 2026

Arch Manning Apologizes to Holly Rowe for Joking About AI Video

Rowe says that she accepted Manning’s apology.
Sponsored

Drew Weatherford’s Bet on the Youth Sports Economy

Drew Weatherford discusses investing across the youth, college and professional levels.
Ohio State Buckeyes safety Jaylen McClain (8) reacts to a missed interception during the NCAA football game against the Texas Longhorns at Darrell K Royal–Texas Memorial Stadium in Austin, Texas on Sept. 12, 2026. Texas won 24-23.
September 14, 2026

How the 12-Team CFP Is Treating Ohio State and Oregon Differently

Meanwhile, Oklahoma’s and Oregon’s playoff odds took significant hits.
September 13, 2026

Texas Tops AP Poll As SEC Asserts Early Dominance Over Big Ten

The Longhorns topped the latest poll after their dramatic comeback win.
Sep 11, 2026; Lawrence, Kansas, USA; Missouri Tigers head coach Eli Drinkwitz on the sidelines against the Kansas Jayhawks during the second half of the game at David Booth Kansas Memorial Stadium
September 12, 2026

Missouri Coach Blasts Kansas for ‘Bullcrap’ Rivalry Video

After a controversial X post, Missouri beat Kansas 38–21 in Lawrence.
First at FOS
September 12, 2026

Deion Sanders, Nick Saban Weren’t Paid for Ads Lobbying Congress

The pair participated to promote the Protect College Sports Act.