On Monday morning, ESPN released its Football Power Index (FPI) ratings and projections for the 2024 college football season. The algorithm, which rates each team on offense, defense and special teams relative to the average team, was very kind to Notre Dame. Before diving into the details, here is how FPI works, as described by ESPN’s Neil Paine: “The FPI is a power rating that tracks each team’s strength relative to an average FBS squad. Teams are rated on offense, defense and special teams, with the values representing points per game. (So that means Georgia is rated as nearly 27 points per…