Brian Cook from mgoblog:
Bowl games are parasites on college football designed to bleed as much money from the system as they can get away with. Thanks to the interest levels provided by the teams—not the stadiums or locations—some of them do actually pump money into the system (although far less money than an NCAA controlled playoff would).
I could not have found a better way to say it. This is exactly what we were talking about on the podcast this week.