The team competes in the NCAA Division I Football Championship Subdivision (FCS) and played the most recent 2022 season as members of the ASUN Conference.

They were previously a member of the Ohio Valley Conference (1963–1996, 2007–2021) and the Pioneer Football League (2001–2005).

Austin Peay Governors football plays its home games at the 10,000 seat Fortera Stadium.

The battle of the border is a trophy awarded to the team with the most points based on wins between all the sporting events between Austin Peay and Murray State.

Notable alumni include: Numbers honored, but not retired and available for any player: Austin Peay has won five conference championships, three outright, and two shared with Southeast Missouri State[5] in the OVC, Central Arkansas and Eastern Kentucky in the ASUN The Governors have made two appearances in the FCS Playoffs, their first being in 2019; their record is 2–2.