[1] A total of 107 college teams played as major independents.
Army (17–0) and Franklin (17–0) were undefeated and Southwestern (25–2) finished with the most wins.
[7] The practice of selecting a Consensus All-American Team did not begin until the 1928–29 season.
The Helms Athletic Foundation later retroactively selected a list of All-Americans for the 1922–23 season.
[8] A number of teams changed coaches during the season and after it ended.