The Colorado College Tigers, led by head coach Clark DeGroot, won the RMC championship with a 5–2–1 record (2–0–1 against conference opponents).
End Tom Pelican and halfback Don Heizer received first-team honors on the All-Rocky Mountain Conference team.
Four Colorado Mines players, including quarterback Joe Berta, received first-team honors on the 1940 All-Rocky Mountain Conference football team.
End Tom Pelican and halfback Don Heizer received first-team honors on the All-Rocky Mountain Conference team.
Despite his size (five feet, six inches, and 156 pounds), Heizer was rated highly by opposing coaches "for his driving ball carrying, his pass catching and his general defensive play.
Halfback Sam Sears and fullback Horace Brelsford, both juniors, were selected by the Associated Press as first-team players on the 1940 All-Rocky Mountain Conference team.