Tua Tagovaiiloa of Alabama, Kyler Murray of Oklahoma and Dwayne Haskins of Ohio State were named finalists for the 84th Heisman Trophy on Monday.
The award for the most outstanding college football player will be awarded Saturday – the ceremony will air live on ESPN.
Murray and Tagovailoa both led their teams to the College Football Playoff Semifinal at the Capital One Orange Bowl on Dec. 29, which will pit Murray's fourth-seeded Sooners against Tagovailoa and No. 1 Alabama.
Murray, who was picked ninth overall by the Oakland Athletics in the summer's MLB draft, has said that he plans to give up football after this season to join the A's.
Tagovailoa is attempting to become Alabama's first-ever Heisman-winning quarterback.
Information from Espn.com contributed to this report.