The ACC and the Discover Orange Bowl have recently finalized a 12-year deal that will take effect in 2015, according to ESPN.
The bowl will place the ACC champion against the highest available ranked team in the SEC, Big Ten or Notre Dame.
If the ACC champion ends up qualifying for a national championship berth, the bowl will then select the next highest ranked team in the conference.
So, what does Notre Dame get out of all of this?
According to Brett McMurphy of ESPN, the Irish can only appear in this bowl game twice in the 12-year period.
In new Orange Bowl deal, Notre Dame will only be allowed 2 Orange Bowl berths during 12-year contract— Brett McMurphy (@McMurphyESPN) November 15, 2012
How does this benefit the the Irish? Well, a fan later asked McMuphy, and he answered:
There will be a total of six access bowls available, including four major bowl games that include the Sugar Bowl and Rose Bowl.
When two powerhouse conference teams play each other, a total of around $55 million dollars will be split evenly, but according to the report, Notre Dame will see a "significant amount less" than conferences such as the SEC, Big Ten and ACC will receive.
Bleacher Report's Michael Felder also came up with an interesting point:
Interesting thought I just had re: Orange Bowl deal. W/ ND playing 5 ACC games, chances for a rematch go up, which decreases ND chance as OB— Michael Felder (@InTheBleachers) November 15, 2012
According to the ESPN report, the Orange Bowl has the flexibility to skip over a team if the matchup against a top-ranked ACC squad creates a rematch from the regular season. This can't be good news if you are an Irish fan that is hoping to see your program perform in this particular bowl game.
Still, while this may not sound like a terrific deal, it does give the Irish a slightly better chance to appear in a bowl game that they have only played in five times and haven't been to since 1996. As long as Notre Dame is doing well, this is the last program that should be worried about bowl placement or being snubbed from a big game.
This move should also help the Irish recruit in SEC and ACC territory, considering the bowl game takes place down south.
Overall, this deal certainly benefits conferences such as the ACC, SEC and Big Ten a lot more, but it undoubtedly helps Notre Dame as well.