The Lions compete as full members of the Central Intercollegiate Athletic Association.

David Sherman was recruited to play basketball from Coatesville High School in Coatesville, Pa. David Sherman played both basketball and baseball for the Lincoln Lions lettering in both sports.

On April 11, 2006 (2006-04-11), Lincoln's board of trustees voted to revive the football program, and establish Marching & Pep Bands.

Fielding its first football team in 48 years on August 30, 2008, Lincoln defeated George Mason University, 34–7.

On December 2, 2006 (2006-12-02), Lincoln's basketball team set 5 Division III records in a 201–78 victory over Ohio State Marion.