Bowl projections and analysis: Fallout for Oregon, Cincinnati, other close calls?

Two Power 5 teams -- No. 3 Michigan State and No. 9 Wake Forest -- suffered their first loss of the season, several top-10 squads struggled but survived, and six teams further down the rankings went down to defeat.

What does it all mean to the bowl picture? Mark Schlabach and Kyle Bonagura predict all the bowl matchups and provide analysis on the CFP picture, what teams helped or hurt their cause this weekend and the most intriguing matchups.

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. Alabama
Schlabach: Georgia vs. Ohio State

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. Ohio State
Schlabach: Georgia vs. Oregon

Schlabach's most intriguing matchup: The Bulldogs and Ducks have played only once, with Georgia winning 27-17 at home at Sanford Stadium in September 1977. The game would feature the country's top NFL prospect on defense, Oregon's Kayvon Thibodeaux, and Georgia's stingy D, which leads the FBS in allowing only 6.6 points per game. The Bulldogs and Ducks are scheduled to open the 2022 season in the Chick-fil-A Kickoff Game at Mercedes-Benz Stadium in Atlanta.

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: Alabama vs. Oregon
Schlabach: Oklahoma vs. Ohio State