A major reshuffling of several conferences' bowl arrangements beginning with the 2010 season could land the Big Ten a third New Year's Day bowl slot and result in new homes for the Pac-10 and Big East's No. 2 teams.
According to multiple sources, the Gator Bowl and Big Ten are discussing an agreement that would send that conference's No. 4 or 5 team to Jacksonville for the next four years. The Big Ten, which already sends its No. 2 and 3 teams to the Capital One and Outback Bowls, also in Florida, would take the place of the Big East and Big 12, which previously shared deal with the Gator Bowl. The ACC should continue to send its No. 3 team.
The Gator Bowl/Big Ten partnership is dependent on the bowl extending its title sponsorship with Konica Minolta and reaching a deal that would replace current television partner CBS with ESPN, neither of which have been finalized.
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http://sportsillustrated.cnn.com/2009/writers/stewart_mandel/08/13/bowl.arrangements/#ixzz0O6LTPaSK