With the Badgers losing in the Rose Bowl, the SEC, MW, and PAC 12 are the front runners for the Bowl Challenge Cup as they are the only conferences above .500 win percentage this bowl season. The title is given to the conference with the best win percentage each bowl season and there is a trophy for it!

SEC is 5-2 with 3 bowl games remaining
MW is 4-2 with 1 bowl game remaining
PAC 12 is 4-3 with 0 bowl games remaining

Nevada winning would be huge because if they lose, the best we could do is a tie with the PAC 12 for 1st place (if the SEC lost all 3). There are a few conferences that could win or tie for 1st if certain outcomes happened, but right now the SEC controls its own destiny and the MW is right on its tail!

Here is the website of the conference bowl records...
https://www.ncaa.com/news/football/arti ... title-game