USC moved up 3 spots in ESPN’s updated power rankings, which were released on Wednesday morning.

The Trojans moved up to No. 4 in the country in the latest rankings. They are behind only Georgia, Michigan and Florida State. Ohio State rounds out the top 5.

USC’s rise into the top 5 is due to some major offseason additions. The Trojans added key transfers such as receiver Dorian Singer, running back MarShawn Lloyd, defensive lineman Bear Alexander and linebacker Mason Cobb, to name a few.

Here’s some analysis from ESPN’s Mark Schlabach:

Reigning Heisman Trophy winner Caleb Williams is back to lead an explosive offense that might get even better with the additions of receiver Dorian Singer (Arizona) and tailback MarShawn Lloyd (South Carolina). USC’s offensive line might have three seniors and two juniors starting this season. Coach Lincoln Riley hired former Arizona Cardinals coach Kliff Kingsbury as an offensive analyst, and he’ll work closely with Williams. Of course, the question is whether the Trojans will be able to stop anybody on defense. Riley feels better about the front seven with the additions of linemen Bear Alexander (Georgia), Anthony Lucas (Texas A&M) and Kyon Barrs (Arizona). Former Oklahoma State linebacker Mason Cobb might be the best newcomer on defense.

Lincoln Riley also added former head coach Kliff Kingsbury to his staff as an analyst for the 2023 season.

USC is the only Pac-12 team to be ranked in the top 10. Washington is the next closest at No. 12 overall. Utah and Oregon rank No. 14 and No. 15, respectively.