The ACC is already playing from behind, and it’s only the first ranking of the season. With no teams ranked in the College Football Playoff selection committee’s initial top 12 on Tuesday night, the lone ACC team in the bracket if it were released today would be No. 14 Virginia. The Cavaliers would earn a spot as the fourth-highest ranked conference champion.

As for No. 17 Georgia Tech and No. 18 Miami? Not even a head-to-head win against the No. 10-ranked Fighting Irish was enough to keep the Canes within playoff range after their loss at SMU.

It’s far from over, as teams still have ample opportunities to build — or bust — their résumés. Separation, though, is starting to occur, and the Bubble Watch is tracking it for you. Teams with Would be in status below are in this week’s bracket based on the committee ranking. For each Power 4 conference, we’ve also listed Last team in and First team out. These are the true bubble teams hovering around inclusion. Teams labeled Still in the mix haven’t been eliminated but have work to do. A team that is Out will have to wait until next year.

The conferences below are listed in order of the number of bids they’d receive, ranked from the most to least, based on the selection committee’s first ranking on Tuesday night.

First team out: USC. The Trojans’ two losses were on the road to respectable teams (Illinois and Notre Dame) by a combined 12 points. Their best win was Oct. 11 against Michigan, but the Trojans could really boost their résumé this month and completely flip the script with Oregon if they can win in Eugene on Nov. 22. According to ESPN Analytics, USC has the fourth-best chance in the Big Ten to reach the playoff (18%), just ahead of Michigan. The only game it’s not favored to win is Nov. 22 at Oregon. If the Trojans can pull off that upset for a 10-2 finish, though, the committee would definitely consider them for an at-large spot.

Still in the mix: Iowa, Michigan, Washington. All three of these teams were ranked by the committee on Tuesday night, but No. 20 Iowa has the shortest climb into the conversation and gets a chance for a marquee win when it hosts No. 9 Oregon on Saturday. Michigan still has a chance to run the table and impress the committee with a win against its No. 1 team, Ohio State, but the head-to-head loss to USC will be a problem in both the Big Ten standings and the CFP ranking. If USC loses again, though, and their records are no longer comparable, it can be overcome. Then there’s a head-to-head loss to Oklahoma. Still, Michigan has a 13.2% chance to reach the playoff, according to the Allstate Playoff Predictor.

Out: Illinois, Maryland, Michigan State, Minnesota, Nebraska, Northwestern, Penn State, Purdue, Rutgers, UCLA, Wisconsin

Big 12

Would be in: BYU, Texas Tech

Last team in: Texas Tech. If Texas Tech loses to BYU on Saturday but still wins the Big 12, it’s a CFP lock. The problem is if the Red Raiders lose a second conference game, then they’re going to need some help to reach the Big 12 championship. So a loss to BYU could be devastating to their conference and CFP hopes. If the Red Raiders beat BYU on Saturday but lose to it in the Big 12 championship game, they would still have a chance at an at-large bid as the Big 12 runner-up. They would be able to claim a win over the eventual Big 12 champs, which would be a much-needed boost to their résumé. It would depend in part on how the game unfolded. The Cougars are the Red Raiders’ only remaining opponent with a winning record, as they end the season against UCF (4-4) and at West Virginia (3-6).

First team out: Utah. The No. 13 Utes are in a tricky spot because their two losses are to the Big 12’s best teams — BYU and Texas Tech. Utah still has the third-best chance to reach the Big 12 title game (22.2%) but will need some help to get there. Utah’s best wins are against Arizona State and Cincinnati, but it might have a hard time earning an at-large bid without being able to beat at least one of the best teams in its league. If there is some movement above the Utes, though, they could quickly earn a promotion given their place on the bubble after the first ranking.

Still in the mix: Cincinnati. They’re included here because they still have an 18% chance to reach the Big 12 title game, according to ESPN Analytics. The unranked Bearcats have only one league loss, which gives them some slim hope. Their other loss was in the season opener to Nebraska.

Out: Arizona, Arizona State, Baylor, Colorado, Houston, Iowa State, Kansas, Kansas State, Oklahoma State, TCU, UCF, West Virginia

ACC

Would be in: Virginia

Last team in: Virginia. Like Georgia Tech, Virginia has a road loss to NC State as its lone blemish, but it was an early four-point loss compared with the Yellow Jackets’ double-digit defeat. Virginia also has a head-to-head win against Louisville. That’s the Hoos’ best win of the season and their only one against a CFP top 25 opponent. Virginia would still be in, though, if it wins the ACC even if it’s ranked outside the committee’s top 12 — just like three-loss Clemson was last year.

Bracket

Based on the first committee ranking, the seeding would be:

First-round byes

No. 1 Ohio State (Big Ten champ)
No. 2 Indiana
No. 3 Texas A&M (SEC champ)
No. 4 Alabama

First-round games

On campus, Dec. 19 and 20

No. 12 Memphis (American champ) at No. 5 Georgia
No. 11 Virginia (ACC champ) at No. 6 Ole Miss
No. 10 Notre Dame at No. 7 BYU (Big 12 champ)
No. 9 Oregon at No. 8 Texas Tech

Quarterfinal games

At the Goodyear Cotton Bowl, Capital One Orange Bowl, Rose Bowl presented by Prudential and Allstate Sugar Bowl on Dec. 31 and Jan. 1.

No. 12 Memphis/No. 5 Georgia winner vs. No. 4 Alabama
No. 11 Virginia/No. 6 Ole Miss winner vs. No. 3 Texas A&M
No. 10 Notre Dame/No. 7 BYU winner vs. No. 2 Indiana
No. 9 Oregon/No. 8 Texas Tech winner vs. No. 1 Ohio State