Here's a current outline of potential bowl pairings with Big 12 teams. Obviously, where Texas goes is the main focus in this blog.

Big 12 teams eligible: Kansas (11-1), Missouri (11-1), Oklahoma (10-2), Texas (9-3), Texas Tech (8-4), Texas A&M (7-5), Oklahoma State (6-6), Colorado (6-6). Kansas St, Nebraska, Iowa State and Baylor are ineligible. All teams are guaranteed bowl bids.

A high number of complaints about the Texas team (which exponentially increased following the KSU and OU loss Saturday) involved how Texas could produce such a performance (in the negative sense) with what is frequently described as "top 5 talent." With this short explanation, you may see why this Texas team may not actually have "top 5 talent." At least not yet.