Report: Holiday Bowl to be demoted

Updated: August 12, 2009, 10:53 PM ET
By Ted Miller | ESPN.com

The Pac-10 is close to signing a contract that will send the conference's No. 2 team to the Alamo Bowl and will result in a demotion of the conference's present bowl partners, the Seattle Times reported.

Money apparently was the deciding factor. The Alamo Bowl offered $3 million per team, and the Holiday Bowl, which currently features the conference's No. 2 team, is unlikely to raise its payout from $2.35 million, the report said.

If the deal is finalized, it would begin ...

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