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It sounds like Big Ten football fans may have some new destinations to spend their late December/early January disposable income in future seasons. While the addition of the Gator (and some of the lesser Texas based bowls) have been the only relative shakeups in recent years, from the sounds of it, the league is looking into further diversification of its post-season destination slate.
We've hear scuttlebutt for a while that the Pinstripe Bowl in New York City (played at the new Yankee Stadium) would be a philosophical interest for a variety of reasons: large Big Ten alumni bases in the NY/NJ metro area, the ease of travel from major travel hubs in the midwest, not to mention the novelty of playing a cold air bowl game to keep with the Big Ten's ethos. Of course then again there's the latter. Folks want to travel in January to some place like Orlando or Tampa just to avoid the typical drudges of early winter in their respective home locals.
The venerable Adam Rittenberg goes on to state that the Holiday Bowl in San Diego, where the two sides apparently have mutual interest, could also be a new bowl destination. The San Diego cost of attendance would definitely be higher than say, Tampa/Jacksonville, but at least is also a desirable early winter travel destination. Playing a Pac-12 opponent could also give a Rose Bowl consolation game type vibe.
Perhaps most interestingly, Rittenberg also states that it's unlikely the Big Ten will continue their three annual games against the SEC in the Capital One, Outback, and Gator. To the B1G partisans hoping when the league rebounds (if?) to get a little head-to-head revenge, this might come as a bit of a letdown. But seeing as how the Big Ten's BCS participants (and ostensibly their future playoff, former BCS major bowl participants) have watered down the caliber of matchups against those schools, putting the Big Ten in more likely positions to take one of the chin, perhaps it's not all bad.
With the Big Ten's athletic directors meeting up in the Windy City May 14-15 and the schools' presidents syncing up at their annual league meeting in early June, expect to hear more on this sooner rather than later.