The 1949 Troy State Red Wave football team represented Troy State Teachers College (now known as Troy University) as a member of the Alabama Intercollegiate Conference (AIC) during the 1949 college football season.
Led by third-year head coach Fred McCollum, the Red Wave compiled an overall record of 6–3–1 with a mark of 2–0–1 in conference play, sharing the AIC title with Livingston.
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