Bowl projections and analysis: Who is in College Football Playoff after Alabama's loss?

The mayhem of the college football season reached new levels this weekend with No. 1 Alabama going down, and as a result, our bowl projections got yet another shake-up.

In addition to predicting the matchups for every single bowl game, Mark Schlabach and Kyle Bonagura provide analysis on their playoff picks, most intriguing bowl matchup, fast-rising teams that could make a New Year's Six push and teams that helped or hurt their cause the most.

All times Eastern

College Football Playoff

CFP National Championship Presented by AT&T
Lucas Oil Stadium (Indianapolis)
Jan. 10, 8 p.m., ESPN and the ESPN App

Bonagura: Georgia vs. Iowa
Schlabach: Georgia vs. Iowa

CFP Semifinal at Capital One Orange Bowl
Hard Rock Stadium (Miami Gardens, Florida)
Dec. 31, 3:30 p.m. or 7:30 p.m., ESPN and the ESPN App

Bonagura: Georgia vs. Oklahoma
Schlabach: Georgia vs. Cincinnati

CFP Semifinal at Goodyear Cotton Bowl Classic
AT&T Stadium (Arlington, Texas)
Dec. 31, 3:30 or 7:30 p.m., ESPN and the ESPN App

Bonagura: Iowa vs. Cincinnati
Schlabach: Iowa vs Oklahoma

Playoff breakdown

Bonagura: Well, that was unexpected. Considering how Texas A&M had been playing, Alabama's loss is one of the most shocking upsets of the playoff era, and while it would be silly to count out a one-loss Crimson Tide team, it does change the CFP picture for now. Georgia becomes the overwhelming No. 1, and what appears to be the most difficult game left on the Bulldogs' regular-season schedule -- undefeated Kentucky! -- comes this week in Athens. Iowa is easy to slot in at No. 2 after it beat Penn State, and the Hawkeyes don't play Michigan, Michigan State or Ohio State in the regular season. Cincinnati is still in position to become the first Group of 5 team to reach the playoff and will continue to root for further chaos among the Power 5 schools. Finally, Oklahoma squeaks its way back into the top four after an epic comeback win against Texas. The Sooners haven't been convincing, but the pathway is there.