How can you not understand it? They made it to the playoff last year, and bring back 15 starters. Maybe they will underachieve, but the hype is certainly warranted.
Ohio St had 7 drafted. 3 DBs in the 1st round. 2 in the 2nd (LB and WR). Their best OL went in the 3rd. They lost 2 WRs in the draft and 2 more signed free agent contracts. Their punter who was a weapon also signed a free agent contract.
They have 2 major question marks as a result, their secondary will be mostly new starters and Barrett may not have anyone to throw to if he has learned to throw this off season. I suspect teams that can throw the middle to deep ball will see success especially early in the year. I also suspect teams will be able to load the box on them defensively with some success.
Their OL was not the typically dominant OL you would expect last year and they lost their best player there (the center). They return all else so maybe they will improve a little, possibly.
Personally, I don't think this warrants a #1 preseason ranking but they do recruit well and I'm sure there are plenty of top players vying for those vacancies, they will just be green.
Of course, PENN STATE won the B1G and lost only Godwin (3rd round) in the draft, 4 defensive starters to free agency (Golden, Bell, Schwan, and Sickells), and it appears Reid to injury. So our biggest question mark is on defense. However, it does appear that we are loaded with options at DE and DB and are finally healthy at LB. I'm not sure that the defense isn't going to improve slightly in year 2 under Pry. Our offense is loaded, experienced, and deep.
Now I could be wrong and we'll see how it plays out on the field, but I think that the returning B1G champs with fewer and less highly regarded losses in their lineup would deserve a little more respect. It is basically assumed by the entire national media that Ohio St beats us this year, like we aren't even going to show up. I'm pretty sure our players are looking at this disrespect and plan on showing up.