It could happen. Alabama has no shot if they lose. Florida has a shot at hanging on to the #2 spot (Texas loses of course and Cincy wins), if it's a close battle down to the last play or in overtime. The computer polls would actually still have Florida as high as Cincy and higher than TCU, even with the loss. A rough projection of the computer polls would be: 1. Alabama 1.000 2. Florida .9400 (tie) Cincy .9400 4. TCU .8800 Now with Cincy losing, TCU gains a full spot in the computer polls and would be just behind Florida in the computer polls (.9500 vs .9300 most likely). Florida could conceivably be wedged in between TCU and Cincy in the human polls at #3 and somehow come out at the #2 spot just a hair ahead of both TCU and Cincy. Bottom line, it would be better for TCU that Cincy lose in order for TCU to close the game between themselves and Florida in the computer polls, and then hoping the voters place them at #2 over Florida (which should happen). If Cincy wins, all bets are off as to who gets the #2 spot in the BCS come Sunday afternoon.
Recap of what needs to happen: 1. Cincy beats Pitt (and if they beat them handily, even better to take away more votes from TCU) 2. Florida barely loses in a heartbreaker 3. Texas loses
Florida got what they wanted. Even with a close loss to Bama, they are going to be interested spectator of the Big 12 CG.