ATLANTA—Florida appears headed back to the national championship game. Alabama picked the worst possible time for its first loss of the season.

Tim Tebow threw three touchdown passes—including the decisive score with just under 3 minutes remaining—to lead the No. 2 Gators to a 31-20 victory over No. 1 Alabama in the Southeastern Conference championship game on Saturday. That should be enough to give Florida a spot in the BCS title game for the second time in three years.

Showing it could win a close game in a season of routs, Florida (12-1) went into the fourth quarter ...

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