Define "competed." MSU was in the playoff, but anyone watching that could see that they had as much chance as Simpson for actually winning a national title. But to better answer your question, 2014 was the strange Baylor/TCU situation. TCU loses at Baylor on a last second FG after a horrible pass interference call. TCU should've probably been in the playoff. I have no idea if they would've been competitive in the playoffs, but I believe that would be the last time anyone other than OU was in contention right up to the playoff selection People arguing that Baylor should've been in that year are wrong. They played garbage non-con, got beat by a mediocre WVU team, were the beneficiaries of terrible officiating vs. TCU, and of course, **** Baylor.