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Spring update of 2025 college football SP+ rankings for every FBS team

In 93 days, it all starts again. From Week 0's Irish Farmageddon (Iowa State vs. Kansas State in Dublin) in mid-August to the national title game in late January, the 2025 college football season looms. And with transfer portal movement finally slowing down -- including spring moves, FBS teams have averaged more than 19 transfers this offseason, up more than 40% from last season -- we can finally take a semi-confident look at what's in store this fall. That means updating our numbers.

Below are updated SP+ projections for the coming season. A quick reminder: Preseason projections are based on three factors.