The Fiesta Bowl has been fined $1 million, but will keep it's place in the Bowl Championship Series. The Associated Press, courtesy of espn.com, has the story, below.

A grounds crew member dries the logo on the field at the Tostitos BCS National Championship Game before the Oregon Ducks and the Auburn Tigers take the field at University of Phoenix Stadium on January 10, 2011 in Glendale, Arizona.

At the cost of a $1 million fine, the Tostitos Fiesta Bowl will keep its place in the Bowl Championship Series.

The BCS presidential oversight committee imposed the penalty Wednesday in the wake of a scandal at the Arizona-based game that included apparently illegal campaign contributions from staff and lavish spending by the former CEO on parties and a night at a strip club.

http://sports.espn.go.com/ncf/news/story?id=6527759