The Bahamas Bowl hasn’t even been played yet but already Conference USA is looking into getting more involved with it.
C-USA purchased Bahamas Bowl & will play in it 4 of next 6 years, including this year vs. MAC, source told @ESPN 
— Brett McMurphy (@McMurphyESPN) April 28, 2014 
This bowl game was originally introduced as a game shared by multiple conferences. According to College Football Talk, the MAC, AAC, Sun Belt, and Conference USA are all a part of this and the MAC is the anchor of it all.
There is no date set for the Bahamas Bowl but we do know it will be played in Nassau.