Led by ninth-year head coach John Prock, the Bisons compiled an overall record of 10–1 with mark of 5–1 in conference play, sharing the AIC title with Southern Arkansas.
[1] Harding was ranked sixth in the final NAIA Division I poll.
The AIC title was the first of two that Harding won during Prock's tenure, the other coming four years later, in 1976.
[4][5][6] Junior star running back Alan Dixon was selected in the 14th round of the 1974 NFL draft by the Minnesota Vikings and started against the Denver Broncos in an exhibition game.
All-American quarterback Tom Ed Gooden was selected in the 11th round of the 1974 NFL draft by the Cleveland Browns.