and the other P5 champs are sitting at 1 and 2 losses each, they will be included in the discussion. SoS is so overrated and doesn't factor as much as people think; it matters more the team that is unbeaten. See Wichita St this past year and getting a 1 seed in the NCAA tourney; same idea.
If the football team is really good enough, it won't matter, they will get a shot. When I say "good enough" it means actually being much better than the teams we play, with it showing on the field; not squeaking by poor competition on the road.