Thursday, August 27, 2026
The FOS App Launches September 1 Pre-save on the App Store Today

Weekend of CFB Upsets Demonstrates Parity in Rev-Share Era

The examples of how NIL and the  transfer portal have brought on these upsets—and have contributed to the increasing parity—are seemingly endless.

Ole Miss defensive end Kam Franklin (5) and defensive lineman Will Echoles (52) hold up the Magnolia Bowl trophy after a college football game between Ole Miss and LSU at Vaught-Hemingway Stadium in Oxford, Miss., on Saturday, Sept. 27, 2025. Ole Miss defeated LSU 24-19.
The Clarion-Ledger

The era of “unrestricted free agency”—the combination of unlimited transfer opportunities and NIL (name image and likeness) and rev-share earnings—continues to bring parity to college football.

This past weekend, the sport saw a slew of major upsets from marquee matchups from the Big Ten to the SEC featuring late-game field goals, battles stretching into double overtime, and more.

  • No. 6 Oregon pulled off a thrilling double overtime win against No. 3 Penn State (30-24)
  • No. 13 Ole Miss secured a narrow but decisive win over No. 4 LSU (24-19)
  • Unranked Arizona State beat No. 24 TCU courtesy of a late-game field goal (27-24)
  • Unranked Virginia took down No. 8 Florida State after a double-overtime battle (46-38)
  • No. 23 Illinois pulled off a narrow win against No. 21 USC (34-32)
  • No. 17 Alabama toppled No. 5 Georgia (24-21)

The shook up the AP Top 25 rankings, potentially upending the race to secure a spot in the 12-team College Football Playoff. 

Of course, there are a couple blue-bloods finding their footing, like Alabama. But the examples of how NIL and the transfer portal have brought on these upsets—and have ledcontributed to increasing parity in college football—-are seemingly endless. 

To name a few: Oregon has built itself into a powerhouse in the NIL era thanks to Division Street, its well-heeled collective bankrolled by Nike co-founder Phil Knight. Ole Miss has now won three straight games with backup quarterback Trinidad Chambliss under center—a transfer from Division II program Ferris State. 

And that’s not to mention other programs that have risen to prominence over the past couple seasons. The Vanderbilt Commodores, now 5-0, have enjoyed major donor investment and a veteran transfer quarterback.

The question is whether one of these newcomers can make a splash in the College Football Playoff. After all, Ohio State is still sitting pretty at No. 1—though even their success has also been a result of a heavy NIL investment.

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

Gov. Landry: SEC ‘Creating a Legal Mess’ Over Athlete Eligibility

“Don’t hate the player,” the Louisiana governor said. “Hate the game.”
Dec 21, 2024; Columbus, Ohio, USA; ESPN cast, from left, Desmond Howard, Rece Davis, Pat McAfee, Nick Saban, Lee Corso and Kirk Herbstreit sit on the set of College GameDay prior to the College Football Playoff first round game between the Ohio State Buckeyes and Tennessee Volunteers in Columbus at Ohio Stadium. Mandatory Credit: Adam Cairns-Imagn Images via the USA Today Network

ESPN Replaces Lead ‘College GameDay’ Producer in Shakeup

Matthew Garrett takes over as the show’s new EP.

LSU, Players Gearing Up for Potential Battle With SEC

The SEC wants to block players who went pro from returning.
ESPN College Football Broadcast
Exclusive

ESPN Removing BottomLine Ticker on College Football Games

ESPN has previously removed the ticker from College Football Playoff games.
podcast thumbnail mobile
Front Office Sports Today

8/27/26 – NFL Pro Bowl Eliminated, Walter Not Selling Dodgers, Jordan Skips NBC

0:00

Featured Today

Deshaun Watson Has Done the Impossible: Unite Browns Fans

Watson was named the starter after complaining boos were “personal.”
August 23, 2026

Dan Snyder ‘Invisible’ in NFL Three Years After Commanders Sale

Snyder has had little to no contact with former NFL associates.
Soccer Football - Premier League - Arsenal v Burnley - Emirates Stadium, London, Britain - May 18, 2026 Arsenal's Kai Havertz scores their first goal past Burnley's Max Weiss
August 21, 2026

Why the Premier League’s Star-Power Shortage Doesn’t Matter

The world’s richest soccer league doesn’t rely on big stars to dominate.
August 12, 2026

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”

Ukrainian Player Leaves LSU After Kim Mulkey Signs Russian

LSU says Koval is withdrawing as a student, but transferring is tricky.
August 21, 2026

Appeals Court Pauses Fifth Year of Eligibility Order

An appeals court has yet to make a final decision.
Dec 20, 2025; Oxford, MS, USA; Mississippi Rebels tight end Dae'Quan Wright (8) runs after a catch as Tulane Green Wave linebacker Sam Howard (15) makes the tackle during the third quarter at Vaught-Hemingway Stadium
August 25, 2026

Big Ten, SEC Ban NFL Players From Returning

Other power conferences and the American are considering the same move.
Sponsored

Kerri Walsh Jennings’s Playbook for the Future of Volleyball

The former gold medalist talks NCAA, the Olympics, & investing in volleyball.
Nov 6, 2023; Tuscaloosa, Alabama, USA; Alabama guard Kai Spears (32) a walk on guard, takes a three late in the game at Coleman Coliseum. Mandatory Credit: Gary Cosby Jr.-USA TODAY Sports
August 21, 2026

New York Times Loses $9.25M Defamation Verdict to Ex-Alabama Player

The outlet called the inaccurate report “an honest mistake.”
LSU Tigers head football coach Lane Kiffin talking with Quarterback Husan Longstreet 8 at LSU Football practice. August 18, 2026.
August 21, 2026

College Football Landscape Fueled by New Off-Field Drama

Five major storylines are shaping college football’s new business landscape.
August 20, 2026

Judge: Players Can Go From NFL Training Camp Back to College

The ruling stemmed from a lawsuit challenging the NCAA’s new eligibility model.
Emory Eagles guard Ben Pearce (10) passes around Mary Washington Eagles forward Jay Randall (11) on Sunday, April 5, 2026, during the NCAA DIII men's basketball championship game at Gainbridge Fieldhouse in Indianapolis.
August 20, 2026

Division III Basketball Star Sues NCAA for 5th Year of Eligibility

If the case is successful, thousands more NCAA athletes could receive eligibility.