May 30, 2001 1:01 AM

The last two defending Super Bowl champions, the St. Louis Rams and Baltimore Ravens, are projected to have 11 regular-season wins by the Imperial Palace sports book. Also, the Tennessee Titans are projected to have 11 wins.

The Denver Broncos are the next highest, projected to have 10½. The Tampa Bay Buccaneers, Indianapolis Colts and Oakland Raiders all projected to have 10.

Other teams of note, the defending NFC champions New York Giants are projected for 9, the San Francisco 49ers 7½, Dallas Cowboys 5½ and Cleveland Browns, the lowest, are 4½.

Money lines on the over and under does vary from each team. According to Jay Kornegay, IP race and sports book director, said projections will stay the same, but money lines can change. Already, the 49ers’ over and under opened +130 and —160 respectively, now are +115 and —145.