Here are teams that as of this moment have accepted an invite to play in a bowl game.

TCU vs Northern Illinois - San Diego County Credit Union Poinsettia Bowl
Oregon vs BYU - Pioneer PureVision Las Vegas Bowl
Rice - R&L Carriers New Orleans Bowl
East Carolina - Papajohns.com Bowl
San Jose State vs. New Mexico - New Mexico Bowl
Utah vs. Tulsa - Bell Helicopter Armed Forces
Arizona State vs Hawaii - Sheraton Hawaii Bowl
Central Michigan - Motor City Bowl
Florida State vs UCLA - Emerald Bowl
Oregon State - Brut Sun Bowl
Minnesota - Insight Bowl
Ohio University - GMAC Bowl
California - Pacific Life Holiday Bowl
Purdue - Champs Sports Bowl
Navy - Meineke Car Care Bowl
Iowa - Alamo Bowl
Penn State - Outback Bowl
Wisconsin - Capital One Bowl
Western Michigan - International Bowl
Ohio State - BCS Championship Game (Not technically accepted but it is obvious)