This is derived using a weighted average of various advance metrics such as Strength of Record, Game Control, and a few others. It is mostly results based but there are a couple of predictive-based metrics included.
Top 25
1. Alabama
2. Georgia
3. Iowa
4. Michigan
5. Penn St
6. Michigan St
7. Oklahoma
8. Cincinnati
9. Arkansas
10. Oregon
11. Texas
12. BYU
13. Pittsburgh
14. Wake Forest
15. Ohio St
16. Ole Miss
17. Kentucky
18. SMU
19. Clemson
20. Florida
21. Oklahoma St
22. Coastal Carolina
23. Notre Dame
24. NC State
25. Western Michigan
Other notable teams:
27. Baylor
28. Arizona St
44. Virginia
63. USC
69. Utah
72. Boise St
80. Washington St
85. Utah St
105. Georgia Southern
112. South Florida
124. Arizona
Based on these rankings, the NY6 would look as follows:
Cotton Bowl: 1 Alabama vs 4 Michigan
Orange Bowl: 2 Georgia vs 3 Iowa
Rose Bowl: 5 Penn St vs 10 Oregon
Sugar Bowl: 7 Oklahoma vs 9 Arkansas
Fiesta Bowl: 6 Michigan St vs 8 Cincinnati
Peach Bowl: 11 Texas vs 13 Pittsburgh