Jesus, what are we paying this clown?
I think what it boils down to is the fact that the ACC got control of the Orange Bowl, had an empty chair, and the three established power-brokers (Swarbick, Slive, and Delany) smelled blood in the water and pounced on that thing.
And let's be honest, here. The SEC is getting into that game at least 60-70% of the time if the criteria is 'highest ranked team'.
TV has apparently shot down the idea of the Big 12/Pac 12 vs. Mid-Major Bowl game. But the Fiesta Bowl sits wide open.
I guess I wouldn't be surprised if, to promote additional equity and keep everyone happy, the Fiesta Bowl did something like the highest ranked team between ND/Big 12/Pac 12 as an inverse to the Orange Bowl and just let the other spot be the final at-large bid that some mid-major or other team ultimately squeak into. That way, TV is still tantalized by a possible ND matchup, the Big 12 and Pac 12 get the same deal as the SEC and Big Ten, and the open at-large spot can be dangled like a carrot to keep the mid-major guys happy.
Anyway, that's what I'd do.
So, it would look like this...
Two elite bowls:
Rose - Pac 12 #1 vs. Big Ten #1
Sugar - Big 12 #1 vs. SEC #1
Two hybrid bowls:
Orange - ACC #1 vs. ND/SEC/Big Ten
Fiesta - ND/Big 12/Pac 12 vs. At-large
Two bowls added for playoff:
Cotton
Chick-fil-a (Peach)
Then you just rotate tie ins from the other bowls to the Cotton and Chick-fil-a whenever.