That means they'd either have BYU vs Colorado for their game OR they could opt for Arizona St vs Baylor. I fully expect that it'd be BYU vs Colorado in that situation.
If Arizona St wins the CCG then the Alamo Bowl has the option to take either Colorado or Washington State. Colorado would be the bigger draw and I expect is who they'd take. Only reason to take Washington St is to avoid the B12 vs B12 matchup. The B12 rep would likely be either Iowa St or BYU.