The Orange Bowl will pit the ACC champion against the highest-ranked team of a pool including SEC and Big Ten squads and Notre Dame beginning in 2014, according to CBS Sports' Dennis Dodd.
Dodd reports that the deal, which ESPN's Brett McMurphy first broke on Monday, is done, and that it finalizes matchups for the Rose, Champions, and Orange Bowls when they are not national semifinals. The current structure of the post-BCS bowl system would include those three "contract" bowls, two national semifinals, and a national championship game, but the 12 spots available in those games have been largely carved out as property of the five major college athletic conferences — the ACC, Big Ten, Big 12, SEC, and Pac-12.
It is likely that revenues from the Orange Bowl will remain with the conferences of the participating teams, providing substantial financial benefits in addition to what is sure to be a windfall from the long-awaited playoff system.
For more on the Orange Bowl's evolution, check this StoryStream.
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