The 2012 Sheraton Hawaii Bowl was a post-season American college football bowl game held on December 24, 2012 at Aloha Stadium in Honolulu, Hawaii in the United States. The eleventh edition of the Hawaii Bowl began at 3:00 p.m. HST and aired on ESPN. It featured the SMU Mustangs from Conference USA against the Mountain West Conference co-champion Fresno State Bulldogs, and was the final game of the 2012 NCAA Division I FBS football season for both teams. The Mustangs accepted their invitation after earning a 6-6 record in the regular season, while the Bulldogs accepted their invitation after a 9-3 regular season record.