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The transfer portal is slowing down, media days are around the corner and with all due respect to Week 0 — I love it dearly, just as much as all the other weeks — we’re officially 100 days from Sept. 2, the first real Saturday of the 2023 college football season.

It seems like a pretty good time, then, to get up to date on the numbers. Since February’s initial 2023 SP+ release, we’ve seen a number of transfers and big moves, and I’ve been able to better update returning production figures to account for teams’ official roster releases. (Not many had released full rosters in early February.) We haven’t seen much movement at the very top of the rankings, but there’s plenty to talk about.

A quick reminder: Preseason projections are based on three factors.

1. Returning production. The returning production numbers are based on rosters I have updated as much as possible to account for transfers and attrition. The combination of last year’s SP+ ratings and adjustments based on returning production makes up more than half the projections formula.

2. Recent recruiting. This piece informs us of the caliber of a team’s potential replacements (and/or new stars) in the lineup. It is determined by the past few years of recruiting rankings in diminishing order (meaning the most recent class carries the most weight). This is also impacted by the recruiting rankings of incoming transfers, an acknowledgment that the art of roster management is now heavily dictated by the transfer portal. This piece makes up about one-third of the projections formula.

3. Recent history. Using a sliver of information from previous seasons (two to four years ago) gives us a good measure of overall program health. It stands to reason that a team that has played well for one year is less likely to duplicate that effort than a team that has been good for years on end (and vice versa), right?

(One other reminder: SP+ is a tempo- and opponent-adjusted measure of college football efficiency. It is a predictive measure of the most sustainable and predictable aspects of football, not a résumé ranking, and along those same lines, these projections aren’t intended to be a guess at what the AP Top 25 will look like at the end of the year. These are simply early offseason power rankings based on the information we have been able to gather to date.)

Here are the full, updated rankings:

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Kentucky Derby to remain on NBC through 2032

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Kentucky Derby to remain on NBC through 2032

STAMFORD, Conn. — The Kentucky Derby will remain on NBC through 2032 after the network and Churchill Downs Inc. extended their contract, announcing it hours before the running of the 150th race Saturday.

The race switched to NBC in 2001 after airing on ABC from 1975 to 2000 and CBS from 1952 to 1974. The multiyear extension will make NBC the longest-running home of the race for 3-year-old horses.

The deal includes multiplatform rights to the Kentucky Derby, Kentucky Oaks, and Derby and Oaks day programming, which will be presented on NBC, Peacock, USA Network and additional NBCU platforms.

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Padres trade for Marlins batting champ Arraez

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Padres trade for Marlins batting champ Arraez

The San Diego Padres have acquired second baseman Luis Arraez in a trade with the Miami Marlins for reliever Woo-Suk Go and prospects Dillon Head, Jakob Marsee and Nathan Martorella, the teams announced Saturday.

The Padres also received nearly $7.9 million in cash considerations, leaving them responsible only for the major league minimum salary for Arraez.

The transaction represents the first significant move for the Marlins since Peter Bendix took over as the team’s president of baseball operations in November after Kim Ng departed. It marks the beginning of the Marlins’ teardown of an underachieving roster that has produced the third-worst record in the majors at 9-25 with a minus-61 run differential after reaching the postseason in 2023.

On the other side, it’s another aggressive deal for A.J. Preller, the leader of the Padres’ front office since 2014. Arraez, one of the sport’s best contact hitters, will give the Padres a needed left-handed-hitting weapon after Juan Soto was sent to the New York Yankees in December. San Diego is 17-18 with a plus-6 run differential.

“It’s really amazing — that guy is a baller,” Fernando Tatis Jr. said about Arraez after the Padres’ win Friday night. “He’s probably the closest to Tony Gwynn right now, so looking forward to seeing him in our lineup. … The guy’s a pure hitter, and I can’t wait for him to help us.”

Miami is paying San Diego $7,898,602 of the $8,491,398 remaining for the final 149 days of Arraez’s $10.6 million salary. That left his cost to the Padres at $592,796 — exactly a prorated share of the $740,000 minimum.

Arraez, 27, was the Marlins’ best player, an All-Star and batting champion each of the past two seasons. This season, he is batting .299 with a .719 OPS in 33 games, all started at second base. He also has extensive experience at first base.

“When a guy like that is taken out of the lineup or potentially traded, you feel it, because he’s such a good kid and one of the leaders in that clubhouse,” Marlins manager Skip Schumaker said, “so there’s definitely a shock value.”

Arraez is expected to start games as the Padres’ designated hitter, but the club plans to cycle through the DH spot. Jake Cronenworth, Xander Bogaerts and Manny Machado could also get at-bats there. Bogaerts has been the club’s starting second baseman.

Go spent seven seasons in the Korean Baseball Organization before signing a two-year deal with a mutual option worth $4.5 million guaranteed during the offseason. The 25-year-old right-hander appeared in 10 games for Double-A San Antonio, posting a 4.38 ERA across 12⅓ innings after failing to make the Padres’ bullpen out of spring training.

Head was the Padres’ first-round pick (25th overall) last year out of high school. The 19-year-old center fielder is batting .237 with a .683 OPS and three stolen bases in 21 games in low-Class A.

Martorella is batting .294 with an .820 OPS in 23 games in San Antonio. The Padres selected the 23-year-old first baseman in the fifth round of the 2022 draft. Marsee, a 22-year-old outfielder, has spent the season in San Antonio batting .185 with two home runs. He was a sixth-round pick in 2022 out of Central Michigan.

The Associated Press contributed to this report.

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Yanks’ Cole takes next step, throws off mound

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Yanks' Cole takes next step, throws off mound

NEW YORK — Yankees ace Gerrit Cole threw off a mound Saturday morning for the first time since being shut down in mid-March, checking off another box in his road back from an elbow injury.

Cole took the mound in the Yankees’ bullpen at 10:40 a.m., hours before New York took on the Detroit Tigers at Yankee Stadium. He said he threw 15 pitches, 13 for strikes and all fastballs. He said the pitches averaged 89 mph.

“It was exciting,” Cole said. “This was a good day for me. I was fired up.”

Cole, 33, started the season on the 60-day injured list after being diagnosed with nerve irritation and edema in his pitching elbow following one spring training outing. The reigning American League Cy Young Award winner is eligible to come off the injured list May 27, but the Yankees have declined to share a timetable for Cole’s return.

On a scale from 1 to 10 — 10 being game ready — Cole reported he is “somewhere between 1 and 5.” He said how his body responds over the next 48 hours will decide when he throws off a mound again.

Cole’s injury was a significant blow to a club with championship-or-bust aspirations, but the Yankees’ starting rotation has been one of the best in the majors and a primary reason for the team’s 21-13 start. The rotation’s 3.43 ERA through Friday ranked ninth in the majors. Its 183⅔ innings pitched ranked fourth.

Luis Gil, Cole’s rotation replacement, logged the best start of his young career Wednesday, holding the explosive Baltimore Orioles scoreless on two hits over a career-high 6⅓ innings. Gil, 25, has recorded a 3.19 ERA in 31 innings across six starts despite leading the American League with 20 walks.

Earlier this week, Yankees manager Aaron Boone said neither the team’s nor the rotation’s success will impact Cole’s timeline. Asked whether the overall success has made his absence more “palatable,” Cole was unsure.

“I don’t really have anything unpalatable to compare it to,” Cole said. “You know what I’m saying? So I’m just kind of like, just like everybody else, just glad we’re playing well.”

Also on Saturday, the Yankees reinstated infielder Jon Berti from the 10-day injured list and designated former first-round pick Taylor Trammell for assignment.

Berti, 34, has been out of the Yankees’ lineup since April 10 with a left groin strain. The Yankees had selected Trammell off waivers from the Los Angeles Dodgers on April 18, and he collected 1 hit, 1 walk and 2 runs in five games with New York.

Field Level Media contributed to this report.

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