The College Football Playoff sets a four-team bracket to determine the playoff teams towards the national champion.
"The way that we've played, the way our team is progressing, the betterment of our team, without question I feel we need to be in that conversation", OR coach Mario Cristobal said.
The rankings will come out each Tuesday until the final reveal December 8 that will determine which teams play in the December 28 Chick-Fil-A Peach Bowl and PlayStation Fiesta Bowl.
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Generally though, what it means for MI football is that if the Wolverines can win out, they will be just about guaranteed a New Year's Six Bowl game. The Tide has yet to play a team now ranked in the playoff top-25.
It will provide the first look at what the committee is thinking about the contenders.
As long as Clemson keeps winning, the Tigers should be OK. OR has won eight consecutive games and 11 of their last 12 under second-year head coach Cristobal. The top team from outside the Power Five conferences gets a New Year's Six bowl bid.
That leaves Ohio State as the No. 1 team in the first version of the ranking.
Oregon Football has the week off to prepare for an Arizona team that has lost five games this season and four straight, including last weekend at home to the Oregon State Beavers.