The University of Central Florida has until Monday to appeal the one-year football postseason bowl ban imposed on them by the NCAA. And according to an ESPN report, it appears the university will do just that.

On July 31, in response to allegations and an investigation into improper recruiting tactics, the NCAA imposed penalties on both the men's football and basketball programs. UCF has accepted their punishment in everything except football. But the risk far outweighs the reward for UCF should they fail in their appeal bid.

The Knights are currently still a member of Conference USA, with football bowl payouts ranging from $500,000 to $1.8 million to the conference champion. But the university will be joining the Big East next season and the football bowl payouts are significantly higher -- between $1.1 million and $3 million.

If the university wins, UCF would be bowl eligible this season and the next. However, should they lose their appeal, the ban would take place during the 2013 football season when they're in their new conference and the financial losses would be far greater.

The amount of time the appeals process takes is usually 110 days, according to the report. But the NCAA can make their ruling at anytime. This prospect threatens to turn C-USA's bowl situation upside down if the ruling is made this year.

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