USC quarterback Matt Barkley just announced at a 1 PM PST news conference that he will be returning to play for the Trojans in 2012 and will not enter the 2012 NFL Draft. Barkley felt that he was ready for the NFL but stated that he had “unfinished business” at USC. The USC marching band was on hand at the announcement so that took away some of the suspense leading up to his announcement.

This is great news for a top-flight program that has had to endure a two-year bowl ban and the loss of 30 scholarships over three years. But even with that USC finished with only two losses in 2011 under Lane Kiffin and destroyed UCLA 50-0 in its last game of the season, leading to the resignation of Rick Neuheisel and the hiring of Jim Mora.

Barkley posted some huge numbers this season and had NFL scouts drooling in what was shaping up to be an epic year for quarterbacks in the NFL Draft. He completed 308 of 446 passes for 3,528 yards, 39 touchdowns vs 7 interceptions and with a completion percentage of 69%. Barkley worked in a pro-style offense at USC which made him even more attractive to many scouts.

Without Barkley in the draft, Robert Griffin III will get even more buzz as the likely #2 quarterback taken after Andrew Luck. Many teams like the Miami Dolphins, the Washington Redskins and the Cleveland Browns might be looking hard at a quarterback in the first round so it will be interesting to see how Griffin does at the combine and how tall he measures out at (he’s listed at 6′ 2″). There are other prospects as well like Landry Jones, but with Barkley there seemed to be real debate developing over whether teams would prefer him or Griffin after Luck.

Barkley enters to 2012 season at USC as one of the clear favorites for the Heisman Trophy, so this golden boy will be all the rage next year. USC has 17 starters coming back for next season so the Trojans will be in the mix for the Pac-12 championship. Also, Barkley can purchase up to $5 million in insurance under the NCAA’s Exceptional Student-Athlete Disability program.

College football needed some good news in an otherwise lame 2011 calendar year of bad news, so this is an early holiday gift for fans.

Almost a year ago we decided to try to quantify the stature of college football programs so that we could rank them against one another. (Click here for the 2010 Rankings.) Then our football guru, Anthony Stalter, wrote a little bit about each program and the direction that it’s headed.

Here’s how the total points are determined — 20 points for a national championship, 10 for a BCS title game loss, seven for a BCS bowl win, five for a BCS bowl loss, five for a BCS conference championship, three for a mid-major conference championship, two for a BCS conference runner-up and one for a major bowl appearance (i.e. a bowl that has a recent payout of more than $2 million, so for 2011 that would be Capital One, Outback, Chick-fil-A, Cotton, Gator, Insight, Holiday, Champs Sports and Alamo.) You’ll see the total points in parenthesis after the team’s name.

We put some thought into the point values for each accomplishment, paying special attention to how the point values are relative to one another. For example, we figured that one national championship would equate to four BCS conference championships, or three BCS bowl wins. We only looked at the last five years, as college football has increasingly become a fluid and fickle sport, and that’s about how far back a recruit will go when deciding amongst a list of schools.

Lastly, since a program is so dependent on the guy in charge, we added or subtracted points if the program saw an upgrade or downgrade at the head coach position in the last five years. A max of 10 points would be granted (or docked) based on the level of upgrade or downgrade. Again, we tried to quantify the hire relative to the program’s other accomplishments. For example, hiring Nick Saban is probably worth two BCS bowl appearances, or 10 points. (Sure, he might lead Alabama to more, but he also might bolt for another job in a year or two.)

So, without further ado, here are the rankings. Every year we’ll go through and update the numbers based on what the program did that year (while throwing out the oldest year of data), so don’t fret if your team isn’t quite where you want them right now. Everyone has a chance to move up.

1. Ohio State (58)

Previous Rank: #2 (+1)
Some college football fans will take issue with the Buckeyes being No. 1 because of their “soft schedule.” But this is a team that has dominated its conference five of the past six years and has finished no worse than second in each of the past six seasons. They’ve also appeared in two title games (though they lost both) and nine straight BCS bowl games, winning the Rose Bowl and Sugar Bowl in the past two years. They’ve got an interesting season coming up though. Five of their players including quarterback Terrelle Pryor, running back Dan Herron and receiver DeVier Posey will miss the first five games next year after being suspended. Can the Buckeyes stay unscathed until those players return?

2. Florida (51)

Previous Rank: #1 (-1)
If it weren’t for Urban Meyer leaving the program (and their lousy 2010 season), the Gators would probably still be ranked No. 1. They have three conference championships and two national championships in two years, but the lose of Meyer hurts big-time in these rankings. But don’t fret Florida fans, if Will Muschamp gets the program back on the right track then the Gators won’t be at No. 2 for long.

3. Oklahoma (47)

Previous Rank: #7 (+4)
The Sooners shot up our rankings quickly, moving from seventh to third in just one season. Of course, finally being able to win a BCS game under Bob Stoops certainly helped. Even if the victory came against overmatched UConn in the Fiesta Bowl, the BCS bowl win coupled with down years by Texas, Alabama and USC catapulted Oklahoma into the top 3. (They also now have four Big 12 championships in the last five years.) Whether or not OU remains ranked this high might be dependent on whether or not Texas rebounds after suffering its first losing season under Mack Brown. If the Longhorns stay down, there’s no reason to think the Sooners won’t rule the roost for a while, especially with Nebraska heading to the Big Ten.

4. Alabama (43)

Previous Rank: #4 (unchanged)
After winning the national championship in 2010, we thought Nick Saban’s team would steadily climb in these rankings every year. But ‘Bama took a step back this season record-wise, falling to 10-3 and settling for an appearance in the Capital One Bowl. The low point came in the final regular season game of the year when the Tide lost to Auburn 28-27 at home despite jumping out to a 24-0 lead in the first half. Still, Saban won’t have his team “down” (we use quotation marks around the word “down” seeing as how ‘Bama still had a winning year) for long and we suspect them to push Ohio State, Florida and Oklahoma in the short term.

T-5. LSU (35)

Previous Rank: #6 (+1)
It’s been three years now since Les Miles took his team to a BCS bowl game. The Tigers won the 2008 national championship but since then, their offense has sputtered since JaMarcus Russell left the program to become the biggest bust since Ryan Leaf graced the NFL with his presence. Maybe their 41-point outburst in the Cotton Bowl against Texas A&M is a sign that LSU finally has found some offense but if not, they’re ceiling will probably remain right where it is.

T-5. Oregon (35)

Previous Rank: #13 (+8)
The Ducks jumped eight spots from last year thanks to yet another amazing coaching job by Chip Kelly. While their loss to Auburn in the title game stung, the pure fact that they appeared in the national championship was enough to catapult them into the top 5 (coupled with a Pac-10 title as well). Last year, we gave the Ducks two points for hiring Kelly but we bumped that up to seven this year because obviously the man can coach. Thanks to Kelly’s high-powered offense, it looks like many more Pac-10 titles are in Oregon’s future (and maybe that elusive national championship).

7. Virginia Tech (34)

Previous Rank: #9 (+2)
The Hokies got back on track this year by scooping up their fourth conference championship in the past six years. They also made their fourth BCS bowl appearance in the last six years, but were routed by Stanford in the Orange Bowl. Frank Beamer’s team should continue to compete for ACC titles, but the Hokies still seem like a long shot to make a national title appearance.

8. Auburn (28)

Previous Rank: unranked
Auburn didn’t even have a spot in these rankings last year before Cam Newton came around and set the college football world ablaze with his Heisman Trophy-winning talent. An undefeated season, a SEC championship and a win over Oregon in the national title game later and now the Tigers have a seat in our top 10. But will they stay here? Newton is jetting off to the NFL, as is defensive tackle Nick Fairley. The Tigers could crash and burn next season playing in a tough conference.

9. USC (26)

Previous Rank: #5 (-4)
We wrote last year that USC could fall in these rankings after Pete Carroll decided to leave the program, but little did we know the NCAA would hand the Trojans a two-year bowl ban for violating rules. Now USC can’t compete in a BCS bowl for the next two years, which certainly hurts the Trojans in these rankings. So did their 8-5 season last year, which included embarrassing losses to Washington, Oregon State and – gasp! – Notre Dame. Seeing as how they can’t compete in a bowl again next year, this won’t be the last time the Trojans drop in our rankings.

10. Texas (24)

Previous Rank: #3 (-7)
Can you say crash and burn? A year after making a national title appearance, the Longhorns suffered their first losing season under head coach Mack Brown. They went 5-7 overall, 2-6 in the Big 12 and shockingly finished last in the conference. It was the first time a Brown-led Longhorn team failed to qualify for a bowl and after losing Will Muschamp to the Gators in the offseason, there’s no doubt change is coming. Chances are UT will recover, but how high will they climb the Big 12 standings in one year?

11. Boise State (23)

Previous Rank: #8 (-3)
2010 didn’t go as planned for the Broncos. Things started off well enough, as Boise won its first 10 games, which included a 33-30 upset over No. 10 Virginia Tech in the opening week. But Nevada shocked the Broncos in the second to last week of the regular season and their slim national championship hopes went out the window. They settled for the Las Vegas Bowl, where they beat Utah 26-3. The Broncos will get their chance at redemption when they join the MWC next season, even though their biggest opponent, TCU, will be heading for the Big East in two years.

T-12. West Virginia (18)

Previous Rank: #9 (-3)
The Mountaineers took a step back in our rankings after struggling in a bad Big East. They still had a winning season but they watched UConn win the conference and settled for the Champs Sports Bowl, where they were thumped by NC State. Losing the explosive Noel Devine to the NFL won’t help their offense in 2011.

T-12. TCU (18)

Previous Rank: #20 (+8)
TCU makes a huge leap in the rankings after qualifying for their second consecutive BCS bowl and beating Wisconsin in Pasadena. The win over the Badgers was huge for Gary Patterson’s squad, which mowed through its soft schedule last year only to be embarrassed by a better Boise State team in the 2010 Fiesta Bowl. The Frogs proved this time around that they weren’t going to settle for just a conference championship. The next two years will tell a lot about Patterson’s team. Boise State joins the MWC next year and then in 2012, it’s off to the Big East for TCU. It’s time to find out how good this program can really be.

14. Nebraska (15)

Previous Rank: #16 (+2)
The Cornhuskers moved up in our rankings after finishing as the Big 12’s runner up, but there’s no doubt 2010 didn’t go the way the Nebraska faithful thought it would. They lost at home to a bad Texas team in mid October and then an injury to quarterback Taylor Martinez cost them a win against Texas A&M in November. They fought hard in the Big 12 Championship Game before losing to Oklahoma, but then didn’t bother to show up for the Holiday Bowl against Washington. But let’s not overlook how this team beat No. 14 Oklahoma State and No. 6 Missouri in back-to-back games in October and still finished a very respectable 10-4. They’ll have their work cut out for them next year in the Big Ten, but the Huskers are built for the conference and not having to face explosive offenses like Oklahoma State and Oklahoma should help their cause.

T-15. Georgia Tech (14)

Previous Rank: #13 (-2)
Georgia Tech only moved back two spots but if the Jackets have another year like they just did, then they’ll be moving back further next season. A year after making a BCS appearance, the Jackets played .500 ball in the regular season and then were held to only a touchdown by Air Force in the Independence Bowl. Losing Josh Nesbitt to injury certainly hurt Paul Johnson’s triple-option attack. But the Jackets had already lost three games prior to Nesbitt’s injury, which included an embarrassing 28-25 defeat to Kansas in mid September. Hopefully Johnson can resurrect things in 2011.

T-15. Penn State (14)

Previous Rank: #11 (-4)
Considering they replaced all three starting linebackers and their quarterback from a year ago, it’s not hard to see why Penn State took a step back in our rankings this year. But they held their own, especially considering they had to play Alabama, Iowa, Ohio State and Michigan State this season. Their loss at home to Illinois was unexpected but again, this was a young team that still found a way to win seven games with four ranked opponents on their schedule. They probably won’t win a Big Ten title next year, but the Lions will be competitive. They usually are under Joe Pa.

T-15. Wisconsin (14)

Previous Rank: unranked
Wisconsin cracks our rankings after putting together a great season, which included back-to-back wins over Ohio State and Iowa in October. If it weren’t for that Oct. 2 loss to Michigan State, the Badgers would have been in the national title discussion. The loss to TCU in the Rose Bowl hurt, but Wisconsin made a statement to the rest of the Big Ten that it isn’t going anywhere. It’s going to be fun to watch the Badgers compete against Ohio State and Nebraska next season.

T-18. Iowa (12)

Previous Rank: #17 (-1)
Iowa only drops one spot in our rankings but the Hawkeyes had one disastrous season. The loss to Arizona in the third week of the season hurt, as did the three-straight losses to Northwestern, Ohio State and 3-9 Minnesota. Then star receiver Derrell Johnson-Koulianos gets charged with operating a drug house (charges were later dropped) and starting running back Adam Robinson is suspended for violating team rules. Beating Missouri in the Insight Bowl was the one saving grace of the season, but that’s a far cry from topping Georgia Tech in the Orange Bowl one year earlier.

T-18. Arkansas (12)

Previous Rank: unranked
If they can successfully replace NFL prospect Ryan Mallett, we get the feeling that Arkansas will be a part of these rankings for years to come. The Razorbacks overcame losses to Alabama and Auburn earlier in the season to win six games down the stretch, including back-to-back victories over Mississippi State and LSU in November. A win over Ohio State in the Sugar Bowl was not to be, but clearly Bobby Petrino has this program heading in the right direction.

20. Michigan (11)

Previous Rank: unranked
Rich Rodriguez may have produced his first winning season in Ann Arbor, but embarrassing losses to Michigan State, Wisconsin, Ohio State and then Mississippi State in the Gator Bowl was all UM could bare. In three years, Rich Rod’s collective record against Ohio State and Michigan State was 0-6. That’s something new head coach Brady Hoke better change if he’s going to last long as Rich Rod’s replacement. He certainly has his work cut out for him, especially considering he needs to build a defense after the previous staff pretty much ignored that side of the ball for three seasons.

Fell out of the Top 20: Georgia, Cincinnati, Florida State, Notre Dame

From Arkansas Sports 360:

Sportscaster Roger Lodge of KLAA-AM 830 in Los Angeles is reporting today that former University of Southern California quarterback Mitch Mustain was arrested by Los Angeles police Tuesday evening on charges of selling prescription drugs online.

The Los Angeles County Sheriff’s Department website confirms that a white male named Mitchell Mustain fitting the quarterback’s physical description and having the same birthday was booked at 10:44 p.m. PST on Tuesday. Charges for the arrest are not listed on the site. Bail was set at $30,000. It is not known at this time if Mustain is still being held.

What a shame. Mustain was the starting quarterback for the West team in the 2006 U.S. Army All-American Bowl and was named the 2005-06 Gatorade National Player of the Year and the USA Today National Player of the Year, which was awarded to the first player ever from the state of Arkansas. He went 8-0 as a true freshman at the University of Arkansas in 2006, but he later transferred to USC because Casey Dick eventually replaced him as a starter.

But his situation didn’t improve at USC. Due to NCAA transfer rules, he had to sit out the 2007 season and then watched Mark Sanchez play in ’08. He competed with Aaron Corp and Matt Barkley for the starting job in ’09, but he lost out to Barkley. He even tried out at punter in order to contribute to the team in some way.

Now, with his football career likely over, he becomes the second former USC player to be arrested in the last two days. The good news is that he wasn’t tased like former Trojan and current Viking Everson Griffen was on Monday. Yiiiiikes.

When USC hired Lane Kiffin, a lot of people thought it was spitting in the face of the NCAA as it decided what sanctions it would put on the program.

But maybe Kiffykins is getting it.

Stud freshman running back Dillon Baxter didn’t make the trip with the Trojans for today’s game against Oregon State because he took a golf cart ride from a student who was registered as an agent. This would be a small potatoes violation, and USC wouldn’t have any trouble getting around, or even through this. Baxter, apparently, didn’t know that the student was an agent, and a ride through campus on a golf cart seems like a silly thing to get in trouble for.

But USC’s not taking any chances, which is a good thing. Being on probation means that ignoring little things like that could cause bigger headaches for the Trojans. They’re already serving a two-year postseason ban and a reduction in scholarships. Getting ahead of the NCAA and asking for forgiveness before being punished was absolutely the right move for USC and Kiffin to make.

With the prospect of a bowl game or a Pac-10 championship taken away from it before the season even began, USC’s football program has had to look elsewhere for motivation.

After a lackluster showing in early-season matchups against Hawaii, Virginia and Minnesota, and a loss at home to Washington, many wondered if the Trojans really even cared. A last-second loss at Stanford and a blowout of California, however, has shown that not only do the Trojans care, but they’re still a pretty darn good football team.

There was attrition at the school this offseason when the NCAA instituted a two-year bowl ban and a reduction in scholarships, but it’s still USC. It’s still the same team that has been bringing in top five recruiting classes year after year, and putting more five stars on the bench than many teams have seeing the field.

So now nobody’s thinking of the Trojans, as they cannot be a part of the title discussion themselves. They can severely alter the landscape today, though, and I’d imagine they’ll be real excited to try and take advantage of that opportunity.

No. 5 Michigan State at No. 18 Iowa, 3:30 p.m.: I can’t help but think Iowa is overrated. It lost at Arizona early in the year, and its supposedly stout defense had all sorts of problems with Tate Forcier and then gave up 31 to Wisconsin a week later. Now the Hawkeyes will have to deal with their toughest opponent yet in the Spartans, who are coming off a squeaker against Northwestern. It was the type of game Michigan State fans are used to seeing go the other way, so you’ll have to excuse them for being overly happy with it. But can Sparty pull out another one in Kinnick? Does Mark Dantonio have any more trick plays up his sleeve? I think the answers are yes and yes, but for whatever reason, I just don’t see it happening today. Pick: Iowa 27-24.

No. 6 Missouri at No. 14 Nebraska, 3:30 p.m.: It turns out, Missouri was even better than I thought it was. The win over Oklahoma is a huge step for Gary Pinkel and his program. The difference between a program capable of winning a big game and one capable of winning a national title, however, is bouncing back and winning another big game the next week. I’m not sure if Missouri is equipped to do that. Heck, I’m not sure many teams are equipped to get up for No. 1 at home one week then travel to Lincoln the next. Pick: Nebraska 24-20.

No. 1 Auburn at Mississippi, 6 p.m.: A look at Auburn’s schedule would suggest that it will be undefeated heading into the Iron Bowl on Thanksgiving weekend. This one, along with home dates with Chattanooga and Georgia precede the Tigers’ matchup with Alabama. But if you’ve been watching any ESPN this week, you’re aware of Houston Nutt’s ability to spring an upset over a highly-ranked team. He did it a few times at Arkansas, and will be looking to add another one to his belt today with Ole Miss. The problem is, I just don’t see Mississippi have the playmakers on the field to pull this off. And it certainly doesn’t have the playmakers on defense to stop Cam Newton. Pick: Auburn 34-24.

No. 25 Baylor at Texas, 7 p.m.: I read somewhere that to motivate his team this week, Mack Brown took a $20 bill, crumpled it up, spit on it and stomped on it. He then asked his team if the bill had changed at all. That science lesson was supposed to show the team that it’s still Texas, no matter the beating it has taken on the field or in the press. It’s an interesting analogy that Brown made, considering a $20 bill doesn’t have 25 new pieces to it every year. But, hey, maybe science is different in Texas. As for this week, he’s probably going to be proven to look like a genius. The Longhorns should be able to shut down Robert Griffin and Baylor. Pick: Texas 31-21.

No. 2 Oregon at USC, 8 p.m.: First of all, I and the rest of the Midwest would like to thank ABC/ESPN for giving us Ohio State at Minnesota on ABC and Michigan at Penn State on ESPN instead of arguably the game of the week. We really enjoy watching three crap-tastic Big Ten teams rather than a Pac-10 matchup that will go a long way toward deciding who the national champion is. So, thanks. As for the game we won’t be able to watch, logic would tell us that USC, although talented, doesn’t have the defense to hold Oregon under 60. I’d agree, if Oregon was more of a passing attack. USC still has good athletes on that side of the ball, and most of them are up front. I’m not saying they’re going to shut down Oregon, but I think this will be as tough a defensive matchup as Oregon has faced. Offensively, the Trojans can score with anyone. Matt Barkley is somehow flying under the radar this year, despite throwing for nearly 2,000 yards and 20 touchdowns already. Like I said in the headline, this is USC’s title game, and as much as I despise the way Lane Kiffin works, I think he’ll have his kids ready to go in this one. Pick: USC 35-34.

College football season continues to be awesome. It seems like every week I sit down to write my picks (which also continue to be awesome) there are a handful of games that are can’t miss.

I don’t know if that’s because there’s an increasing number of good teams in college football, or if all the cupcakes teams were feasting on at the beginning of the season beefed up their records artificially. Either way, I like being excited on a Friday night for what I’m about to see the next day, and I’ve been like that for a few weeks now.

This week is no different, in fact, it’s about as big as any weekend of the season. And maybe that’s artificially inflated for myself living in Michigan and seeing about 50% of my Facebook “friends” switch their profile picture to something Michigan or Michigan State related. It’s half exciting and half terribly annoying (example: New friend request from John Doe. Hmm, John Doe doesn’t ring a bell, I wonder what he looks like. Oh, he looks just like Denard Robinson. Strange. Ignore. (Not true, I never ignore. My ego can use all the friends it can get, virtual or not.)).

Enough parentheses, let’s get to the games.

I went 4-1 again last week, because I can’t seem to nail down Michigan State, which, oddly enough, is the major university closest to me geographically.

No. 1 Alabama at No. 19 South Carolina, 3:30 p.m.: A lot is being made of the fact that Alabama’s next five opponents will be playing the Tide after a week off. The first of those opponents is South Carolina, which features a solid defense, a bruising true freshman running back and a not-so-consistent passing game. I like Stephen Garcia. I don’t know why, I just do. But there’s no way in Hell he can be the reason the Gamecocks beat Alabama, which is what needs to happen. You need to be able to throw the ball better than just OK to beat the Tide this year (as Arkansas nearly proved), and South Carolina doesn’t have that luxury. Marcus Lattimore is a stud, but he’s going to get a rude awakening this weekend. Pick: Alabama 24-17.

No. 17 Michigan State at No. 18 Michigan, 3:30 p.m.: I’m not sure Denard Robinson can be stopped for a full game. He’s going to get his at some point, he’s just way too explosive not to. But you can stop him once or twice a game, which, unfortunately for Michigan, could be enough to beat the Wolverines. Seriously, if your offense doesn’t beat itself, you could literally score every time it took the field. Michigan’s defense is somewhere between putrid and whatever is worse than putrid. UMass made the Wolverines look like a D-II team, which is bad, because UMass is a I-AA team (FCS, whatever). Today is the day Michigan finally truly pays for this. Pick: MSU 38-35.

No. 12 LSU at No. 14 Florida, 7:30 p.m.: First, watch this. Now, think to yourself, how could a team that does that (even though it survived) beat a team coached by Urban Meyer? Well, here’s how: When that Urban Meyer coached team can’t score points, and is coming off a physical beatdown by Alabama, it’s beatable by anyone, including a team coached by Les Miles that relies completely on its defense. Yes, I’m predicting Les Miles to be 6-0. Pick: LSU 14-10.

No. 23 Florida State at No. 13 Miami, 8 p.m.: Florida State looks awesome this year, against teams that are awful. Miami has the strange ability to look really good and really bad in a matter of minutes of the same game. I attribute this to quarterback Jacory Harris, who personifies that ability. If he’s 75% good Jacory tonight, Miami will win. Pick: Miami 24-20.

USC at No. 16 Stanford, 8 p.m.: The thought of USC getting pounded again is kind of exciting to me, I’m not going to lie. Although, instead of “What’s your deal,” I’d imagine Lane Kiffin might just shake Jim Harbaugh’s hand and say, “Well played.” Expect several fourth down tries in this one, as well as some two-point conversion attempts. Also, expect Andrew Luck to absolutely dominate USC’s horrific passing defense. Pick: Stanford 45-31.