The Nittany Lions dropped one spot from their previous ranking of No. 7. They previously held the No. 8 spot for three weeks earlier in the season.
Both of Penn State's national championship victories cracked the list's top 10, and the team's 52-49 Rose Bowl loss to USC in 2017 was ranked as the 24th-best game in college football history.
The Nittany Lions moved up after sweeping Wisconsin by a combined final score of 10-3 over their two-game series.
The greatest wrestling program in the world will compete in the greatest city in the world and the World's Most Famous Arena during the winter of 2021.
The two-phase project will demolish several existing buildings while building new ones, including several teaching and research facilities in west campus.
The team announced the news with a heartwarming video of Franks finding out the news on Saturday.