Using Football Outsiders' F/+ ratings and rankings, here are some of the best and worst teams and bowls for 2014/2015.
Worst Bowl Teams
#104 Bowling Green (-16.7% F/+ rating)
#101 Fresno St. (-15.9%)
#95 Rice (-13.8%)
Best Non-Bowl Teams
#37 Virginia (10.7%) - Rated higher than 40 bowl teams
#60 Michigan (1.6%) - Rated higher than 18 bowl teams
#61 Cal (0.8%) - Rated higher than 18 bowl teams
Worst New Years' Six Bowl Team
#33 Arizona (12.7%)
Best Non-New Year's Six Bowl Teams
#7 Georgia (27.6%) - Rated higher than six New Year's Six bowl teams
#12 Auburn (23.5%) - Rated higher than two New Year's Six bowl teams
#13 Oklahoma (22.3%) - Rated higher than two New Year's Six bowl teams
Bowls with Best Teams*
Sugar - #1 Alabama vs. #2 Ohio St. (37.5%)
Rose - #8 Florida St. vs. #3 Oregon (31.5%)
Peach - #4 Ole Miss vs. #5 TCU (29.0%)
*Highest average of both teams' F/+ rating
Bowls with Worst Teams*
Hawai'i - #101 Fresno St. vs. #95 Rice (-14.9%)
Camellia - #104 Bowling Green vs. #93 South Alabama (-14.5%)
New Orleans - #86 Louisiana vs. #64 Nevada (-5.8%)
*Lowest average of both teams' F/+ rating
Bowls with Best Matchups*
Quick Lane - #74 North Carolina vs. #73 Rutgers (0.1%)
Peach - #4 Ole Miss vs. #5 TCU (0.6%)
Potato - #44 Air Force vs. #47 Western Michigan (0.9%)
*Lowest difference between the teams' F/+ ratings
Bowls with Worst Matchups*
Boca Raton - #15 Marshall vs. #72 Northern Illinois (24.6%)
Armed Forces - #79 Houston vs. #39 Pitt (16.9%)
Texas - #20 Arkansas vs. #57 Texas (15.6%)
*Highest difference between the teams' F/+ ratings