By Brett McMurphy | ESPN
The Atlantic Coast Conference and the Orange Bowl have finalized a 12-year deal placing the ACC champion annually in the bowl against either a team from the SEC or Big Ten or Notre Dame starting Jan. 1, 2015, sources told ESPN.
ESPN will pay an average of $55 million annually for the bowl, sources said.
That amount will be split evenly between the ACC and the SEC or Big Ten, depending on which conference has a team is in the bowl. However, when Notre Dame plays in the bowl, the Fighting Irish will receive a "significant amount less" than the $27.5 million payout the SEC or Big Ten will receive, sources said.
The Orange Bowl is one of the six bowls in the rotation for the semifinals for college football's upcoming playoff, which will begin after the 2014 regular season. It is one of three contract bowls along with the Rose (Big Ten and Pac-12 champions) and Sugar (SEC and Big 12 champions) bowls. Each will be televised on ESPN.
In years when the ACC champion or another ACC team qualifies for the four-team national semifinals, then the next highest-ranked ACC team would play in the Orange Bowl.
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