This is all courtesy of Rivals.com
First up we are going to start with the formula:
FOOTBALL
Share of National Title = 10 points
Runner-up = 7 points*
Top 4 ranking = 5 points
No. 5-8 = 3 points
No. 9-16 = 2 points
Bowl win, outside top 16 = 1 point
Bowl loss, outside top 16 = 0.5 points
BASKETBALL
National Title = 10 points
Runner-up = 7 points
Final Four = 5 points
Elite Eight = 3 points
Sweet 16 = 2 points
Round of 32 = 1 points
First-round loss (since 1979) = 0.5 points
* - In the pre-BCS era, the No. 2 team in the AP poll was awarded the 7 points. However, during the BCS era, the BCS title game loser was awarded 7 points.
The Top 25 since 1998
1. Florida (27.5 football, 33 basketball, 60.5 total points)
The buzz: Florida is the only team that has won national titles in both football and basketball during the BCS era.
The buzz: Ohio State won the 2002 national title in football and has reached a championship game three other times – 2006 and 2007 in football plus 2007 in basketball.
3. Oklahoma (36.5 football, 13 basketball, 49.5 total points)
The buzz: Oklahoma has won one national football championship (2000), has lost in the BCS title game two other times (2003 and 2004) and has reached a Final Four (2002) during the BCS era.
4. USC (43 football, 5.5 basketball, 48.5 total points)
The buzz: USC's recent basketball success under Tim Floyd allowed the Trojans to qualify for this list, though they didn't have enough basketball points to crack our rankings of the top programs since 1974.
5. Texas (29.5 football, 15.5 basketball, 45 total points)
The buzz: The Longhorns won the 2005 national football title and reached a Final Four in 2003.
6. LSU (34.5 football, 8 basketball, 42.5 total points)
The buzz: LSU has won two BCS national titles (2003 and '07) and got enough points from its 2006 Final Four run to qualify for this list.
7. Michigan State (5 football, 30.5 basketball, 35.5 total points)
The buzz: Michigan State's No. 7 finish in the 1999 AP football poll gave the Spartans enough football points to crack these rankings.
8. (tie) Tennessee (24.5 football, 6.5 basketball, 31 total points)
The buzz: Tennessee won the first BCS national title in 1998 and also earned enough basketball points to qualify because of the program's resurgence under Bruce Pearl.
8. (tie) Wisconsin (16.5 football, 14.5 basketball, 31 total points)
The buzz: Louisville was the only team on this list with a similar balance of football and basketball points.
10. Maryland (6.5 football, 22 basketball, 28.5 total points)
The buzz: The Terps won the 2002 NCAA Tournament and finished in the top 16 in the football rankings in 2001 and 2002.
11. Kansas (4.5 football, 23 baskeball, 27.5 total points)
The buzz: Kansas' Cinderella run to the Orange Bowl title this year gave the Jayhawks enough football points to qualify for this list.
12. UCLA (7.5 football, 19 basketball, 26.5 total points)
The buzz: UCLA finished No. 8 in the AP football rankings in 1998, placed second in the 2006 NCAA Tournament and also reached the Final Four last season.
13. Arizona (5 football, 18.5 basketball, 23.5 total points)
The buzz: Arizona's fourth-place finish in the 1998 AP poll gave the Wildcats enough football points to qualify, even though they haven't earned a bowl bid since.
14. Oregon (14 football, 7 basketball, 21 total points)
The buzz: Oregon finished second in the nation in football in 2001 and made the regional finals of the 2002 and 2007 NCAA tournaments.
15. Syracuse (4 football, 16.5 basketball, 20.5 total points)
The buzz: The 2003 NCAA Tournament champions slipped into the rankings by achieving the minimum number of football points to qualify.
16. Auburn (15 football, 5 basketball, 20 total points)
The buzz: Auburn finished second in the AP football poll in 2004 and has reached the Sweet 16 twice (1999 and 2003) in the BCS era.
17. Louisville (10 football, 8.5 basketball, 18.5 total points)
The buzz: Louisville capped the 2006 football season with an Orange Bowl title and reached the Final Four in 2005.
18. Alabama (11.5 football, 6 basketball, 17.5 total points)
The buzz: Alabama has finished 11th or better in the AP poll three times (1999, 2002 and 2005) and reached an NCAA Tournament regional final in 2004.
19. (tie) Oklahoma State (4 football, 13 basketball, 17 total points)
The buzz: The Cowboys reached the 2004 Final Four, advanced to a regional final in 2000 and earned just enough football points to qualify for the rankings.
19. (tie) Georgia Tech (8 football, 9 basketball, 17 total points)
The buzz: Georgia Tech finished second in the 2004 NCAA Tournament and has played in a bowl game each season since the BCS was introduced.
22. (tie) Boston College (9.5 football, 6.5 basketball 16 total points)
The buzz: The Eagles have earned eight consecutive bowl bids and have reached the NCAA Tournament six of the past seven seasons.
22. (tie) West Virginia (11 football, 5 basketball, 16 total points)
The buzz: The Mountaineers have earned three consecutive top-10 finishes in the AP football poll, reached a regional final in 2005 and advanced to the Sweet 16 in 2006.
24. Iowa (11 football, 4 basketball, 15 total points)
The buzz: Iowa had three consecutive eighth-place finishes in the AP poll from 2002-04 and had just enough basketball points to make the list.
25. Purdue (7.5 football, 7 basketball, 14.5 total points)
The buzz: The Boilermakers reached the Sweet 16 in 1999, advanced to the regional finals in 2000 and have earned bowl bids during all but one season of the BCS era.
Other schools with enough points in each sport to qualify
Missouri (8 football, 6 basketball, 14 total points), Cincinnati (4.5 football, 7.5 basketball, 12 total points), Washington (7 football, 5 basketball, 12 total points), North Carolina State (6 football, 5.5 basketball, 11.5 total points), Texas Tech (7 football, 4 basketball, 11 total points), Notre Dame (6 football, 4.5 basketball, 10.5 total points).