With only two weeks remaining, there are only 58 bowl-eligible teams for 82 spots. However, there are 22 teams with five wins, so it’s going to go down to the wire whether there are the required number of bowl-eligible teams to fill all the bowls.
In the next two weeks, a handful of the five-win teams play each other, while other five-win teams are substantial underdogs in their final two games.
Mathematically, it’s possible there will be 82 bowl-eligible teams, but realistically, I’m still projecting there won’t be enough. This would allow James Madison and Jacksonville State, who are in the second year of their transition from FCS to FBS, to receive bowl bids.
James Madison also has filed another appeal with the NCAA, which — if successful — would allow the Dukes to play in the Sun Belt title game and be in contention for the New Year’s Six bowl spot that goes to the Group of Five’s highest-rated conference champion.
If JMU is not granted the waiver, it would still receive a bowl bid if there are not enough six-win teams to fill all 82 bowls.
As far as my projections this week, my College Football Playoff field remains the same: Georgia, Michigan, Florida State and Oregon. That could get blown up in the coming weeks with monster matchups remaining between Georgia and Alabama, Michigan and Ohio State and Washington and Oregon.
Here are my Week 12 projections, and each projection includes the projected point spread for each bowl based on Action Network senior writer Collin Wilson’s updated college football betting power ratings.
CFP National Championship Prediction
College Football Playoff Semifinals Projections
 Rose Bowl Jan. 1 • Pasadena, CA Michigan -6  Florida State |  Allstate Sugar Bowl Jan. 1 • New Orleans, LA Georgia -2  Oregon |
New Year's Six Bowl Games
 Vrbo Fiesta Bowl Jan. 1 • Glendale, AZ  Washington  Alabama -5.5 |  Chick-fil-A Peach Bowl Dec. 30 • Atlanta, GA  Penn State -14  Tulane |
 Capital One Orange Bowl Dec. 30 • Miami, FL  Ohio State -13.5  Louisville |  Goodyear Cotton Bowl Dec. 29 • Arlington, TX  Texas -1.5  Missouri |
Projections for All Other Bowl Games
 Cheez-It Citrus Bowl Jan. 1 • Orlando, FL  Ole Miss -13  Iowa |  ReliaQuest Bowl Jan. 1 • Tampa, FL  Notre Dame  LSU -0.5 |  Arizona Bowl Dec. 30 • Tucson, AZ  Utah State -4.5  Bowling Green |  Music City Bowl Dec. 30 • Nashville, TN  Texas A&M -13.5  Wisconsin |  AutoZone Liberty Bowl Dec. 29 • Memphis, TN  Iowa State -1  SMU |  Tony the Tiger Sun Bowl Dec. 29 • El Paso, TX  Miami  Utah -5.5 |  TaxSlayer Gator Bowl Dec. 29 • Jacksonville, FL  Tennessee -6.5  UNC |  Valero Alamo Bowl Dec. 28 • San Antonio, TX  Oklahoma -3.5  USC |  Pop-Tarts Bowl Dec. 28 • Orlando, FL  NC State  Kansas State -11.5 |  Pinstripe Bowl Dec. 28 • Bronx, NY  Georgia Tech  Rutgers -0.5 |  Wasabi Fenway Bowl Dec. 28 • Boston, MA  Boston College  UTSA -8.5 |  TaxAct Texas Bowl Dec. 27 • Houston, TX  Auburn -3  Oklahoma St. |  Holiday Bowl Dec. 27 • San Diego, CA  Clemson  Oregon State -1.5 |  Duke's Mayo Bowl Dec. 27 • Charlotte, NC  Duke  Kentucky -1 |  Military Bowl Dec. 27 • Annapolis, MD  Virginia Tech -4.5  Memphis |  Guaranteed Rate Bowl Dec. 26 • Phoenix, AZ  Kansas -11.5  Northwestern |  First Responder Bowl Dec. 26 • Dallas, TX  Air Force -7.5  Louisiana |  Quick Lane Bowl Dec. 26 • Detroit, MI  Illinois -6  Ohio |  EasyPost Hawai'i Bowl Dec. 23 • Honolulu, HI  Fresno State -9.5  Rice |  Las Vegas Bowl Dec. 23 • Las Vegas, NV  Arizona -4  Maryland |  68 Ventures Bowl Dec. 23 • Mobile, AL  Arkansas St. PK  NIU |  Famous Idaho Potato Bowl Dec. 23 • Boise, ID  Boise State -6.5  Miami OH |  Armed Forces Bowl Dec. 23 • Fort Worth, TX  West Virginia -5  Minnesota |  Camellia Bowl Dec. 23 • Montgomery, AL  San Jose St. -6  Jacksonville St. |  Birmingham Bowl Dec. 23 • Birmingham, AL  Syracuse  Troy -11 |  Gasparilla Bowl Dec. 22 • Tampa, FL  UCF -18  South Florida |  Boca Raton Bowl Dec. 21 • Boca Raton, FL  Georgia Southern -11  E. Michigan |  Frisco Bowl Dec. 19 • Frisco, TX  Colorado St.  Texas State -4 |  Myrtle Beach Bowl Dec. 18 • Conway, SC  JMU -5  Toledo |  Independence Bowl Dec. 16 • Shreveport, LA  Texas Tech -13.5  Marshall |  LA Bowl Dec. 16 • Inglewood, CA  UCLA -11  UNLV |  New Mexico Bowl Dec. 16 • Albuquerque, NM  Wyoming -1.5  New Mexico St. |  Cure Bowl Dec. 16 • Orlando, FL  Georgia St. -2  WKU |  New Orleans Bowl Dec. 16 • New Orleans, LA  Liberty -9.5  Coastal Carolina |  Bahamas Bowl Dec. 16 • Charlotte, NC  C. Michigan  App State -12 |
*The highest-rated champion from the Group of Five conferences (American, Conference USA, Mid-American, Mountain West and Sun Belt) will be selected to play in either the Peach or Fiesta Bowl if it does not qualify for the College Football Playoff.
