The team compiled a 3–3–1 record (1–3–1 against conference opponents), finished in seventh place in the Big Ten Conference, and outscored its opponents by a combined total of 89 to 32.

John J. Ryan was in his first year as Wisconsin's head coach.

[3] Below was also a consensus first-team player on the 1923 College Football All-America Team.

[4] Guard Adolph Bieberstein and fullback Merrill Taft were selected by Billy Evans for his "National Honor Roll" of the best players in the country.

[5][6] The team played its home games at Camp Randall Stadium, which had a seating capacity of 14,000.