2006 Reward Ranking (after bowl games)
| Rank | Name | W | L | Reward | AP | ESPN/USA Today |
| 1 | Florida | 13 | 1 | 9.3871 | 1 | 1 |
| 2 | BoiseSt | 13 | 0 | 8.9474 | 5 | 6 |
| 3 | OhioState | 12 | 1 | 8.4705 | 2 | 2 |
| 4 | Auburn | 11 | 2 | 8.4060 | 9 | 8 |
| 5 | Louisville | 12 | 1 | 8.2925 | 6 | 7 |
| 6 | SouthernCal | 11 | 2 | 7.8621 | 4 | 4 |
| 7 | LSU | 11 | 2 | 7.6303 | 3 | 3 |
| 8 | Wisconsin | 12 | 1 | 7.3787 | 7 | 5 |
| 9 | Michigan | 11 | 2 | 7.3086 | 8 | 9 |
| 10 | Rutgers | 11 | 2 | 7.0621 | 12 | 12 |
| 11 | WestVirginia | 11 | 2 | 6.8040 | 10 | 10 |
| 12 | California | 10 | 3 | 6.1047 | 14 | 14 |
| 13 | Arkansas | 10 | 4 | 5.9191 | 15 | 16 |
| 14 | NotreDame | 10 | 3 | 5.7085 | 17 | 19 |
| 15 | OregonSt | 10 | 4 | 5.6415 | 21 | 22 |
| 16 | BrighamYoung | 11 | 2 | 5.6203 | 16 | 15 |
| 17 | Tennessee | 9 | 4 | 5.5175 | 25 | 23 |
| 18 | WakeForest | 11 | 3 | 5.3232 | 18 | 17 |
| 19 | Texas | 10 | 3 | 5.2814 | 13 | 13 |
| 20 | VirginiaTech | 10 | 3 | 5.2061 | 19 | 18 |
| 21 | Georgia | 9 | 4 | 5.1145 | 23 | 26 |
| 22 | Oklahoma | 11 | 3 | 5.0659 | 11 | 11 |
| 23 | BostonCollege | 10 | 3 | 4.8988 | 20 | 20 |
| 24 | Hawaii | 11 | 3 | 4.3807 | 26 | 24 |
| 25 | PennState | 9 | 4 | 4.3685 | 24 | 25 |
| 26 | TCU | 11 | 2 | 4.1752 | 22 | 21 |
| 27 | SouthFlorida | 9 | 4 | 4.1095 | 29 | NR |
| 28 | TexasA&M | 9 | 4 | 3.9451 | 30 | 28 |
| 29 | Kentucky | 8 | 5 | 3.8083 | 32T | 34 |
| 30 | SouthCarolina | 8 | 5 | 3.6409 | NR | 30 |
| 31 | Maryland | 9 | 4 | 3.6229 | 28 | 32 |
| 32 | Cincinnati | 8 | 5 | 3.5778 | NR | NR |
| 33 | GeorgiaTech | 9 | 5 | 3.2615 | 31 | 29 |
| 34 | UCLA | 7 | 6 | 3.2209 | ||
| 35 | Arizona | 6 | 6 | 3.1249 | ||
| 36 | Nebraska | 9 | 5 | 3.1182 | ||
| 37 | Clemson | 8 | 5 | 3.0747 | ||
| 38 | Oregon | 7 | 6 | 2.8894 | ||
| 39 | WashingtonSt | 6 | 6 | 2.8350 | ||
| 40 | Houston | 10 | 4 | 2.5183 | ||
| 41 | ArizonaSt | 7 | 6 | 2.4257 | ||
| 42 | Navy | 9 | 4 | 2.3170 | ||
| 43 | CentralMichigan | 10 | 4 | 2.2140 | ||
| 44 | TexasTech | 8 | 5 | 2.0603 | ||
| 45 | Missouri | 8 | 5 | 1.9666 | ||
| 46 | SouthernMiss | 9 | 5 | 1.8818 | ||
| 47 | Utah | 8 | 5 | 1.7989 | ||
| 48 | FloridaSt | 7 | 6 | 1.6297 | ||
| 49 | MiamiFL | 7 | 6 | 1.6093 | ||
| 50 | SanJoseSt | 9 | 4 | 1.5218 | ||
| 51 | Alabama | 6 | 7 | 1.4669 | ||
| 52 | Tulsa | 8 | 5 | 1.4155 | ||
| 53 | KansasSt | 7 | 6 | 1.3302 | ||
| 54 | Washington | 5 | 7 | 1.3261 | ||
| 55 | OklahomaSt | 7 | 6 | 1.2537 | ||
| 56 | Pittsburgh | 6 | 6 | 1.1510 | ||
| 57 | Nevada | 8 | 5 | 1.1038 | ||
| 58 | Minnesota | 6 | 7 | 0.8009 | ||