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Yankee Stadium bowl is official

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The Big East and the New York Yankees have reached an agreement to hold a bowl game at the new $1.5 billion, 57,454-seat Yankee Stadium beginning in December 2010.

The game doesn’t have a name or a sponsor yet, but will be held sometime between Christmas and New Year’s Eve.

The third- or fourth-place team from the Big East will play the seventh-place team from the Big 12. If the Big 12 does not have enough bowl-eligible teams, Notre Dame, if available, has agreed to take its place. The payout is expected to be about $2 million to each team.

The agreement runs for four years, from 2010-13.

“We’re excited about this,” Pitt AD Steve Pederson said Wednesday afternoon from New York City. “It’s a great fit for the Big East. It’s really our home.”

This is the first bowl game in the Northeast since the Garden State Bowl at Giants Stadium in East Rutherford, N.J., in the early 1980s. It is the first bowl game in the Bronx since the Gotham Bowl in 1962 at old Yankee Stadium.

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