NEW YORK — Fox Sports says it has decided not to match ESPN's offer to air the Bowl Championship Series from 2011-14.

The network released a statement Monday saying it made a "very competitive bid" even with "today's vast economic uncertainties" but that BCS officials weren't satisfied.

Fox had a four-year, $320 million deal to broadcast the BCS games from 2007-10.

No word yet from BCS or ESPN officials, although the cable network is now in prime position to get the secure the bowl games.

ESPN broadcast partner ABC already has the rights to the Rose Bowl.

Before Fox snagged the current deal ABC held the rights since 1998, when college football's major conferences implemented the system to crown a national champion.