ESPN: ACC, Orange Bowl reach deal

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From 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.

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