Half the Pac-12 is included in the latest College Football Playoff rankings and Arizona is up to No. 7, giving the Pac-12 two options -- along with No. 2 Oregon -- for the four-team playoff.

The teams meet Friday in the Pac-12 championship at Levi's Stadium in Santa Clara, California. If Oregon wins, it's a shoo-in for the playoff, but Arizona would also have a strong case if it beats the Ducks for the second time this season. Even if Arizona loses, the Wildcats would be a strong candidate for the Fiesta Bowl, which it hasn't played in since 1994.

Stanford has never played in what is now the Foster Farms Bowl, which makes the Cardinal an attractive option for the local bowl -- especially after it knocked UCLA out of playoff contention with a 31-10 win at the Rose Bowl on Friday.

California's loss to BYU and Oregon State's loss in the Civil War in the final week of the regular season left the conference with eight bowl-eligible teams. Here are the current projections:

College Football Playoff semifinal (Rose Bowl presented by Northwestern Mutual): No. 2 Oregon

VIZIO Fiesta Bowl: No. 7 Arizona

Valero Alamo Bowl: No. 15 UCLA

National University Holiday Bowl: No. 25 USC

Foster Farms Bowl: Stanford

Hyundai Sun Bowl: No. 17 Arizona State

Royal Purple Las Vegas Bowl: No. 23 Utah

Cactus Bowl: Washington