Based on logic, and as conveyed by the chattering class, it’s clearly a Bama vs FSU discussion, not a Bama vs. Texas discussion.
Also, no convoluted argument about Bama over Texas, while including FSU will be trotted out by the committee. It’s intellectually untenable and although many people see conspiracies and biases everywhere, intellectual soundness wins the day, at least in a public endeavor like this.
The whole system and associated arguments are bullshit. If you argue for the four best teams, it’s Georgia, Alabama, Texas, and Michigan. If you argue a “settle it on the field”, it’s a clusterfuck. Schools clearly prefer the latter.