Record: 47-43-4, .521 W-L% (6th of 10) (Schedule and Results)
SRS: -8.05 (10th of 10) ▪ SOS: -9.11 (10th of 10)
Conference Champion: Texas Tech
Ranked in First AP Poll: 0
Ranked in Final AP Poll: 0
| Overall | Conference | Pts/G | SRS | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| School | W | L | T | Pct | W | L | T | Pct | Own | Opp | SRS | SOS | Notes |
| Texas Tech | 7 | 3 | 0 | .700 | 5 | 0 | 0 | 1.000 | 21.2 | 13.5 | 6.40 | -0.21 | |
| Texas-El Paso | 8 | 2 | 1 | .773 | 4 | 1 | 1 | .750 | 32.8 | 16.5 | 0.36 | -9.73 | |
| Arizona | 6 | 5 | 0 | .545 | 3 | 2 | 0 | .600 | 15.2 | 22.4 | -5.75 | -2.30 | |
| Arizona State | 5 | 5 | 0 | .500 | 3 | 2 | 0 | .600 | 27.6 | 19.2 | -8.99 | -13.89 | |
| Hardin-Simmons | 6 | 2 | 3 | .682 | 3 | 2 | 1 | .583 | 31.4 | 19.3 | -0.76 | -9.94 | |
| West Texas A&M | 6 | 5 | 0 | .545 | 2 | 3 | 0 | .400 | 17.5 | 13.9 | -8.90 | -11.99 | |
| Northern Arizona | 4 | 5 | 0 | .444 | 1 | 2 | 0 | .333 | 16.0 | 20.8 | -20.47 | -16.14 | |
| New Mexico | 2 | 9 | 0 | .182 | 1 | 6 | 0 | .143 | 13.3 | 19.6 | -12.16 | -4.79 | |
| New Mexico State | 3 | 7 | 0 | .300 | 0 | 4 | 0 | .000 | 13.8 | 39.1 | -22.16 | -13.06 | |
| Date | Bowl | Winner/Tie | Pts | Loser/Tie | Pts | Notes |
|---|---|---|---|---|---|---|
| 1949-01-01 | Salad Bowl | Drake | 14 | Arizona | 13 | Salad Bowl (Phoenix, AZ) |
| 1949-01-01 | Sun Bowl | West Virginia | 21 | Texas-El Paso | 12 | Sun Bowl (El Paso, TX) |
| 1948-12-30 | Camellia Bowl | Hardin-Simmons | 49 | Wichita State | 12 | Camellia Bowl (Lafayette, LA) |
| 1948-12-18 | Shrine Bowl | Hardin-Simmons | 40 | Ouachita | 12 | Shrine Bowl (Little Rock, AR) |