NCAA Board of Directors approves new method of selecting teams with losing records to participate in postseason Bowl Games in the event enough teams with winning records aren't available to fill the vast multitude of bowl slots.
An insightful 3 sentence "Editorial":
http://www.sbnation.com/ncaa-football/2012/8/3/3217728/just-how-crappy-c...
ADSBS provides alternative methods to selecting teams for future Ineligi-Bowls that include life sized cutouts of Chewbacca, Braylon Edwards, and the Clausen family:
http://www.everydayshouldbesaturday.com/2012/8/3/3217916/a-kinder-gentle...
Also: a serious article...With: a few scenarios of how low bowl game benchmarks might be set in the future:
http://www.al.com/sports/index.ssf/2012/08/ncaa_creates_bowl-eligibility...
The last article points out that after the 2011 season there were only 72 eligible teams available for 70 bowl slots. Not sure how many more schools would've qualified had they been off postseason bans, but if that trend continues then these new qualification rules could be used regularly.
If was the Prez or AD of a school that was getting buried by an unrealistic ticket burden and was going to lose money to go to a game, I would turn the bowl down. Then again, it goes out of the school's general or AD fund, to the bowls, and then it ends up in the hands of administrators as "perks," so maybe I wouldn't.