With the Big 12/SEC decision to select the Sugar Bowl as their primary contract bowl beginning in 2014-15, there are more changes to follow.
First of all the Big 12 will earn $80 million in 8 years out of 12, and for 4 years the Sugar Bowl will host a National Semi Final. The Big 12 will earn $0.00 from the Sugar Bowl Broadcast rights, in those 4 years as the broadcast rights for the Semi Finals are owned by the BCS.
In those 4 years if the Big 12 champion is not in the the playoff, they would go to the Big 12’s #2 bowl. In the past the Big 12’s #2 Contract Bowl was the Cotton Bowl. In BCS II the Cotton Bowl will be an access bowl and like the other 5 BCS II Bowls will host 4 Semi Finals in 12 years. So even the Cotton Bowl may not be available to the Big 12 Champ/Alternate.
Fiesta Bowl? Big 12 Champ no longer plays in the Fiesta Bowl right? ... As Lee Corso says “NOT SO FAST” The Pac 12 and the Big 12 may be joining forces with the Fiesta Bowl to play a game vs the “Best of 5” (Mid Majors).
So in theory the Sugar Bowl and Rose Bowl would not host semi finals in the same years. When the Sugar Bowl is hosting a Semi Final the Big 12 Champ/Alternate could play in the Fiesta Bowl vs Bof5. Likewise When the Rose Bowl is hosting a Semi Final the Pac 12 Champ/Alternate could play in the Fiesta Bowl.
The economics are interesting. Big 12 vs SEC in the Sugar Bowl will earn each Big 12 School $4 million. Big 12 playing in the Fiesta Bowl would likely earn each Big 12 school $1.7 Million (based on 2012 Fiesta Bowl payout of $17 Million per team )
Two of the major unresolved issues regarding 2014 post season play include revenue distribution for the BCS Playoffs and a complete rewrite of the Conference Bowl Contracts (pecking order).
There are many other unresolved issues but this is certain Sugar Bowl, Cotton Bowl and Fiesta Bowl will all host 4 Semi Finals So over 12 years that effectively takes away 1 entire Bowl Game from the Big 12 post season menu.