The playoffs aren't the only postseason glory. I'm been taking a look at a few projections. Some thoughts.
OSU is very likely in the playoffs win or lose. The committee would be looking at taking one or two of 1-loss Oklahoma or Baylor and 1 loss Utah over them, which seems unlikely. This obviously affects the Rose Bowl. If OSU is in the playoff the Rose Bowl picks a team. So for sake of argument let's pretend OSU wins. Also, B1G has nine bowl teams and nine bowl tie-ins, which means they won't fill one or two games if OSU is in the playoff.
Rose: Will very likely feature Oregon as either Pac 12 champ or the runner up as Utah goes to the playoffs. Rose would select from Wisconsin, Minnesota, Penn State, or Michigan. Given results on field, seems likely they would go with Wisconsin or Penn State.
Other New Year 6 bowls: Also in play, especially if the Rose chooses Wisconsin. Penn State would be an attractive choice to throw in the hopper with Alabama, Florida, and Oklahoma. I've seen at least one projection showing PSU to the Orange Bowl.
Citrus Bowl: They have an agreement where they are trying to have 5 different teams in 6 years, which could impact them choosing Minnesota, Michigan, or Penn State. They can also pick an ACC team - some have Va Tech in this spot.
Outback Bowl: Same thing, five different teams in six years. This impacts Iowa, Wisconsin, and Michigan.
Holiday Bowl: Same thing, which impacts MSU, Minnesota, and Wisconsin. Seeing a lot of Michigan projected here.
Gator Bowl: Splits with the Music City Bowl, but B1G has played there last three years, so probably will be the Gator Bowl, though they may shy away from PSU and Iowa as they played there most recently. Seen some Indiana projections here.
Pinstripe Bowl: Unofficially looking for different teams, which affects Indiana and Iowa (assuming PSU and Wiscy long gone. MSU a possibility.
Redbox Bowl: Again 5 teams in six years - affects Indiana and MSU. Illinois looks strong.
Quick Lane Bowl:
Armed Forces Bowl: