ADVERTISEMENT
Texas still has a loss to, at best, a 4-8 Florida team in which they were outgained by 100+ yards. The also have a 25-pt loss to Georgia, and for them to go ahead of ND, they would also have to go ahead of Alabama, which beat Georgia at Georgia.
Texas has some fine wins, but also the aforementioned ugly losses and two overtime escapes to Kentucky and Mississippi St., teams with a combined 3-13 conference record. Rewarding Texas for their wins while ignoring the bad losses would be hard sell for many.