The Green Wave finished with a record of 12 wins and no losses, one of only two NCAA Division I-A teams to complete the season undefeated, the other being the BCS champion Tennessee Volunteers.

Despite finishing undefeated, the Green Wave were not considered for a BCS game, let alone a berth in the 1999 Fiesta Bowl—that year's national title game—because it was felt their strength of schedule was too weak to justify a berth in a higher-tier bowl.

They did not play a single ranked team all season, and the only Automatic Qualifying conference member on their schedule was a Rutgers team that finished tied for sixth in the Big East.

Prior to defeating Brigham Young in the Liberty Bowl, Tulane won the CUSA championship.

The combined 538 points set a single-season school record.