No playoffs were OK with Bobby Bowden

"I'm in the Hall of Fame. If I had been in SEC, that second- and third-place guy ain't in the Hall of Fame."

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PSU investigation: Findings from an investigation into how Penn State handled the Jerry Sandusky allegations of sexual abuse could be made public soon and according to, it casts a harsh light on former legendary coach Joe Paterno. Citing several sources, the report claims that the Freeh Group's investigation raised questions on the culture of the Nittany Lions football program under Paterno and how that influenced the school's handling of the allegations.

USF coaches get raises: USF coaches Skip Holtz and Stan Heath both received contract extension according to the Tampa Bay Times. The new deals are for six years apiece and will pay Holtz $2 million and Heath $1.13 million. Both coaches are now signed with the school through 2017-18.

Georgia star transfers: Running back Isaiah Crowell will transfer from Georgia to Alabama State following his arrest on felony weapons charges. Crowell was dismissed from the football team by Bulldogs coach Mark Richt on June 28 following an early morning arrest at a vehicle checkpoint. Athens police reportedly found a 9-mm Luger with an altered serial number in Crowell's possession. Last season, he rushed for a team-leading 850 yards and five touchdowns and was named SEC freshman of the year. However, twice last season, he missed time due to suspensions for unspecified violations. Alabama State is a Football Championship Subdivision team and Crowell would be eligible to participate this season rather than being forced to sit out a transfer year.

Financial woes: According to The Associated Press, Arkansas coach John L. Smith plans to declare for bankruptcy after a real-estate development deal in Kentucky went bad. Smith said the deal began during his head coaching days at Louisville from 1998-2002 and was through acquaintances. The volatile real estate market led to Smith and his partner losing money in the deal and forcing the new Razorbacks coach to prepare for the worst. "There have been some sleepless nights trying to get this resolved," Smith told The Associated Press. "There comes a point in time where you say, 'Enough is enough,' and I want it cleaned up and whatever we have to do, we have to do."

Duke player injured: Duke wide receiver Blair Holliday is still in a coma following a jet ski accident on Wednesday, according to the Raleigh News and Observer. Holliday collided with teammate Jamison Crowder on Lake Tillery in North Carolina and was airlifted to UNC Trauma Center where, according to the report, he remains in critical condition. Crowder refused treatment at the scene. Holliday, a sophomore, had three catches last season for the Blue Devils.

We rank 'em: We continue our annual preseason College Football Countdown, where we rank all 120 Football Bowl Subdivision teams in the country. Go to daily to find out where your team ranks.

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