Per Pete Thamel of The New York Times, Missouri leaving the Big 12 for the SEC is now "inevitable and imminent," but there is no timeline for it to do so. Should that go down, the Big 12 will likely look to replenish via the Big East (or rumored soon-to-be Big East members), which could hurt their chances of retaining an automatic BCS bowl bid.
Denver remains No. 1 in the Football Outsiders DVOA ratings, but New England moves up to No. 2 and has taken over as our Super Bowl favorite.