It's interesting that almost 30 years later the flagship console game today still has many of the same core of teams being highlighted that were included in that Sega classic:

Alabama Crimson Tide
Arizona Wildcats
Arkansas Razorbacks
Auburn Tigers
Boston College Eagles
BYU Cougars
California Golden Bears
Clemson Tigers
Colorado Buffaloes
Florida Gators
Florida State Seminoles
Georgia Bulldogs
Houston Cougars
Illinois Fight'n Illini
LSU Tigers
Miami Hurricanes
Michigan Wolverines
Nebraska Cornhuskers
Notre Dame Fight'n Irish
Ohio State Buckeyes
Oklahoma Sooners
Penn State Nittany Lions
Pitt Panthers
San Diego State Aztecs
Stanford Cardinal
Syracuse Orangemen
Tennessee Volunteers
Texas Longhorns
Texas A&M Aggies
UCLA Bruins
USC Trojans
Washington Huskies