Multiple models are discussed for ranking teams in a league and introduce a new model called the Oracle method. This is a Markovian method that can be customized to incorporate multiple team traits into its ranking. Using a foresight prediction of NFL game outcomes for the 2002–2013 seasons, it is shown that the Oracle method correctly picked 64.1% of the games under consideration, which is higher than any of the methods compared, including ESPN Power Rankings, Massey, Colley, and PageRank.