The 1949 Pepperdine Waves football team represented George Pepperdine College[note 1] as an independent during the 1949 college football season.
The team was led by first-year head coach Ray Richards.
For the 1949 season, the Waves moved home games back to Sentinel Field on the campus of Inglewood High School in Inglewood, California.
They joined the California Collegiate Athletic Association (CCAA) in 1950.
[11][12] The following player finished his career at Pepperdine in 1949 then served in the military for two years before being selected in the 1952 NFL draft.