In their first season under head coach Pat Dwyer, the team compiled a 6–4 record, the first winning season in program history, won the Northwest Ohio League championship, and shut out its opponents in all six victories.
[2]: 210 The team captain was James Pierce, the first African-American to hold the position.
[2]: 133, 164 According to the Toledo media guide, the program's nickname dates to the 1923 season.
According to the media guide, the Pittsburgh reporters in the press box were surprised to learn that the Toledo team did not have a nickname and asked a Toledo student, James Neal, to come up with a nickname.
Neal suggested the team be called the Skyrockets, and the sportswriters shortened the name to Rockets.