As a Hawkeye fan, I already posted a similar story on BHGP about the Hawkeyes being the most underrated team in a BCS conference. You can read that here. But since this is Big Ten country, I might as well post the findings for all to see.
According to a study done by Nittany Whiteout over the last decade, the Big Ten has two of the most underrated teams in the nation, being Iowa (1st in BCS, tied 3rd FBS) and Penn State (7th BCS, 10th FBS). Not too surprising. The Nittany Lions had many "surprise seasons" where they went from 15-25th to top 10. The Hawkeyes were even more impressive, going from Unranked 2 consecutive seasons, and finishing 8th in the final poll both seasons. Same story last year, going from 22nd to 7th.
On the flip-side, the Big Ten has the 3rd most overrated team in the nation in Michigan. That is not much of a surprise, considering in the early 2000's the Wolverines were looked at as a threat every season, so they were naturally ranked high. And they haven't really lived up to those expectations. But that's okay, because we have 1 overrated in the top 10, and the SEC has 4. Shows how good they really are.
My last point will be, although the Big Ten has 2 of the most underrated, and 1 of the most overrated, they are marked as just a little overrated. In fact, the Big Ten is the most accurately predicted conference in preseason-postseason rankings. Sooo, we may be a bit overrated, but less than SEC, ACC, and Big 12.
-- And one final little tid-bit. This last season, the Big Ten went (+26) according to the Nittany Whiteout formula. That makes the Big Ten the most underrated conference of last season. So, using that formula, and taking into consideration the expectations of last season, my question is this: