New York, New York - The fifth round of the College Football Playoff (CFP) rankings are here, and a new team has entered the selection committee's top four after the regular season's final games closed with big wins and shakeups.

USC has entered the chat!

The CFP selection committee unveiled its penultimate rankings Tuesday night, and after a disappointing upset to rival Michigan, it has decided to bump the Ohio State Buckeyes from the No. 2 spot to No. 5.

With this said, USC now joins Georgia, Michigan, and TCU in the CFP's latest top four ranking, respectively.

If they clinch wins in their conference championship games this weekend, Georgia, Michigan, TCU, and USC are bound to be the official four to make the CFP.

Now, the No. 5 Buckeyes' only hope of potentially getting back into the playoff mix has fallen into the hands of the current top four teams – if they trip up in their upcoming title games.

Falling closely behind the Buckeyes is No. 6 Alabama, the highest ranked team among the handful of other two-loss teams.

While the Crimson Tide's CFP chances are currently on life support, if multiple top-ranked teams fall in their conference title games, the door for Alabama to slip through just may be left open.

Still, no two-loss team has ever made the CFP, and this may not be the year the committee will look to shake things up.

Rounding out the committee selection's top 10 teams are Tennessee at No. 7 followed by Penn State, Clemson, and Kansas State at No. 10.

The conference championship title games will begin on Friday, starting with USC battling the defending Pac-12 champions Utah at Allegiant Stadium at 8PM EST.