The Oregon Ducks are the most underrated college team since 1989 by a comfortable margin. Oregon has finished a total of 77.5 slots higher than they were ranked in the preseason. The biggest jumps camp in 1994 (15), 2000 (19), 2005 (13.5) and 2008 (12).

Washington State, Boise State, Utah and TCU rank second, third, fourth and fifth in terms of being underrated. Washington State hasn't begun or finished a season in the top-25 since 2003, while Boise State and TCU have been consistently in the top-25 over the past decade.

Notre Dame has been the most overrated team in the country, finishing a total of 92.5 slots lower than they began in the preseason. Oklahoma, Texas, Florida State and Nebraska round out the top-five.

Oregon enters the 2012 season ranked No. 5.