They have IU as #25 in the FPI. They have IU third as far as their chance of winning the B1G East behind O$U and PSU. Being in the B1G East has affected their percentage chance at winning the division and conference title as you might expect. Northwestern is behind us in the FPI but they are listed as having a better chance of winning their division and winning the conference championship.
www.espn.com

2024 College Football Power Index - ESPN
View the 2024 College Football power index on ESPN. The FPI is the best predictor of a team's performance going forward for the rest of the season.