With Boise State making the field as the fifth-highest-ranked conference champion, Indiana would be the No. 9 seed in the CFP today, which means it would have to travel to Tennessee rather than host a first-round playoff game. That's quite the gut punch for a team that is undefeated and yet sits behind four one-loss teams.

Here's a look at the College Football Playoff bracket and playoff picture after the latest CFP rankings were released.